BRUSSELS Feb 27 EU antitrust regulators blocked
Ryanair's third attempt to buy Irish rival Aer Lingus on
Wednesday, saying the bid by Europe's top no-frills airline
could hurt competition and lead to higher prices for passengers.
Ryanair had already flagged the European Commission's
rejection of the 694-million-euro ($907 million) bid for Aer
Lingus earlier this month. The EU executive vetoed its
first takeover attempt in 2007.
"For (Irish and European passengers), the acquisition of Aer
Lingus by Ryanair would have most likely led to higher fares,"
EU Competition Commissioner Joaquin Almunia said in a statement.
"Those proposals (from Ryanair) were simply inadequate to
solve the very serious competition problems which this
acquisition would have created on no less than 46 routes," he