Ryanair Holdings plc v Competition and Markets Authority (Aer Lingus group plc intervening)

Competition – Competition Appeal Tribunal. The Competition Appeal Tribunal (the tribunal) dismissed the application under s 120 of the Enterprise Act 2002 by Ryanair Holdings plc (Ryanair) for a review of the final report by the Competition and Markets Authority (CMA) into Ryanair's minority stake in Aer Lingus Group plc. That report had concluded that Ryanair's stake had resulted in a substantial lessening of competition and, as remedial action, had required Ryanair to reduce its stake in Aer Lingus. The tribunal upheld the CMA's decision that there had been no material change in circumstances such as to require the CMA to consider remedial action different from that set out in its final report.

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