Thursday, May 23, 2013

Reuters: Regulatory News: EU regulators accept Lufthansa, United antitrust offer

Reuters: Regulatory News
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EU regulators accept Lufthansa, United antitrust offer
May 23rd 2013, 09:47

BRUSSELS | Thu May 23, 2013 5:47am EDT

BRUSSELS May 23 (Reuters) - EU antitrust regulators accepted on Thursday concessions from Lufthansa, United Airlines, Air Canada and Continental to ease competition concerns about their transatlantic revenue-sharing pact.

The European Commission said the airlines would give up airport slots in Frankfurt and New York, and also allow rivals to sell tickets on this route, confirming a Reuters story in February.

"This decision is a further milestone in our effort to create a level playing field on transatlantic aviation markets, following our decision on oneworld in 2010," EU Competition Commissioner Joaquin Almunia said in a statement.

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