According to a report from Reuters, the Department of Justice (DOJ) announced it has settled antitrust
The UK Competition and Markets Authority (CMA) last week provisionally cleared Menzies Aviation’s takeover of part of Airline Services’ business after an in-depth investigation allayed competition concerns.
The two firms supply airlines in the UK with a variety of support services including the de-icing of aircraft and ground handling.
An initial Phase 1 probe raised concerns that the merger could restrict choice for airlines at a number of key airports in England and Scotland for both de-icing and ground handling, potentially leading to higher prices or a worse service. These concerns led to the merger being referred to a Group of independent CMA Panel members for an in-depth Phase 2 investigation.
The CMA issued its provisional findings based on a thorough evaluation of the wider evidence base in the Phase 2 inquiry. It has found that the market for ground handling services is particularly dynamic, with a strong recent history of companies entering the market to compete for contracts. With regard to de-icing services, the CMA found that competition between Menzies and Airline Services is very limited such that the merger would not lead to a substantial lessening of competition.
The CMA is inviting comments on its findings until January 9, 2019. It will then consider any submissions it receives before reaching a final decision, the deadline for which is January 28, 2019.
Full Content: Gov UK
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