The CMA today scored a third Court of Appeal victory in the long running battle over Ryanair’s stake in rival airline, Aer Lingus.
Since the CMA first opened its investigation in 2010, Ryanair has brought a series of challenges, first to the investigation itself (alleging the CMA had no jurisdiction), and later to the CMA’s final decision, which required Ryanair to reduce its stake to 5%.
The Court of Appeal today held:
Daniel Beard QC, Rob Williams and Alison Berridge represented the CMA.
Please click to view the judgment in Ryanair Holdings plc v Competition and Markets Authority