EU probes Lufthansa's proposed buy of ITA stake

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Lufthansa said it remains 'optimistic' the bid to buy 41 percent of ITA. The EU's powerful antitrust authority opened an in-depth investigation on Tuesday into German airline Lufthansa's proposed stake in Italy's ITA Airways, over fears it could hurt competition. The European Commission said it had "preliminary concerns that t ...