The European Commission (the Commission) has approved under the EC Merger Regulation the proposed acquisition of SN Airholding, the holding company of the Belgian commercial airline SN Brussels Airlines, by Deutsche Lufthansa AG. The decision is conditional upon the implementation of a set of remedies, offered by Lufthansa to alleviate the Commission's competition concerns.
In January 2009, the Commission opened an in-depth inquiry to investigate further the potential impact of the proposed transaction on passenger transport on a number of routes between Belgium and Germany and Belgium and Switzerland (please click here for further details). The in-depth investigation confirmed that the transaction, as originally notified, would have raised competition concerns on the following routes: Brussels- Frankfurt, Brussels-Munich, Brussels-Hamburg and Brussels-Zürich. To address these concerns, Lufthansa submitted a set of remedies, offering an efficient and timely slot allocation mechanism that would allow new entrants to operate flights on each of the four routes where the Commission had concerns. In the light of the commitments, the Commission concluded that the proposed transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.