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Giovanni Cifelli, Philippe Noguès, May 18, 2009
On December 3, 2008, the Italian competition authority (the”ICA”) authorized the merger between Compagnia Aerea Italiana (“CAI”), a new Italian company incorporated in order to acquire most of the passenger-related assets of Alitalia, and AirOne, the second largest Italian carrier. According to the decision, the transaction led to overlaps on 22 domestic
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