Competition weekly news summary
Friday, August 28, 2009

Mergers

State aid

  • State Aid: Commission approves the restructuring of Austrian Airlines
    28 August 2009
    The Commission has today decided to close the formal investigation procedure into the privatisation and restructuring of Austrian Airlines concluding that the restructuring following its sale to Lufthansa is compatible with community law. The Commission has concluded that the price to be paid by Lufthansa involves State aid but that such aid is compatible in accordance with the Community framework for rescue and restructuring of firms in difficulty. (TREN A2)

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European Union, 2009. Reproduction is authorised provided the source is acknowledged.

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