Financial Times FT.com

Brussels to scrutinise Ryanair bid for Aer Lingus

By Kevin Done, Aerospace Correspondent

Published: October 7 2006 03:00 | Last updated: October 7 2006 03:00

Both the European and the Irish competition authorities expect Ryanair's €1.48bn (£1bn) takeover bid for Aer Lingus to be referredinitially to Brussels for scrutiny rather than to Dublin.

Competition lawyers said yesterday that the takeover, as proposed by Ryanair on Thursday, would meet the necessary criteria to come within the jurisdiction of the European competition authorities, namely that:

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