EU Probes Lufthansa's Acquisition of ITA Airways Over Competition Concerns

The European Commission's investigation focuses on potential impact on short-haul and long-haul flights, with a decision expected by June 6.

The European Commission has launched an in-depth investigation into Lufthansa's planned acquisition of a 41% stake in ITA Airways, citing concerns over competition.
The deal involves a €325 million investment by Lufthansa and a further €250 million from the Italian Finance Ministry.
The Commission has raised concerns about reduced competition on short-haul flights between Italy and Central Europe and long-haul routes between Italy and the US, Canada, Japan, and India.
The Commission has the power to set conditions for the deal and has stated that Lufthansa's response to preliminary concerns was insufficient.
A decision by the Commission is expected by June 6.