The Logic of the Left

The UK’s antitrust watchdog Thursday said Ryanair Holdings PLC should reduce its 29.8% stake in Aer Lingus

because Ryanair’s stake

obstructs Aer Lingus’ ability to merge or combine with another airline to build scale and achieve synergies to remain competitive.

Never mind that the present Aer Lingus-Ryanair combination helps Aer Lingus “build scale and achieve synergies.”


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