I spent 100 billion won…EU Korean Air/Asiana merger “second rejection” Seoul economy
EU competition authorities reject second business combination between Korean Air 003490 and Asiana Airlines 020560 Korean Air to merge
httpswwwsedailycomNewsView29PMJXC75ZOutLink=nstand
He spent 100 billion won, but he got rejected
image text translation
(1)On the 17th local time, EU competition authorities in the European Union will compete on some European routes when the two companies combine
(2)expressed a negative opinion that there is a possibility that
(3)The EU authorities said in a report released on the same day, “If the two companies merge, we are concerned about rising prices and falling service quality in the passenger and cargo transport market on four routes between Korea, France, Spain and Italy.”
That’s the reason I don’t know if you’re not doing it on purpose
Anyway, Korean Air and Asiana Airlines have become frustrated
His goal is to submit a letter of answer and get final approval