EU regulators accept Lufthansa, United antitrust offer
BRUSSELS (Reuters) - EU antitrust regulators accepted on Thursday concessions from Lufthansa (LHAG.DE: Quote), United Airlines (UAL.N: Quote), Air Canada ACb.TO and Continental to ease competition concerns about their transatlantic revenue-sharing pact.
The European Commission said the airlines would give up airport slots in Frankfurt and New York, and also allow rivals to sell tickets on this route, confirming a Reuters story in February.
"This decision is a further milestone in our effort to create a level playing field on transatlantic aviation markets, following our decision on oneworld in 2010," EU Competition Commissioner Joaquin Almunia said in a statement.
(Reporting by Foo Yun Chee, editing by Robert-Jan Bartunek)
© Thomson Reuters 2017 All rights reserved.