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SA Airlink and Safair abandon merger plans ahead of court appeal

( November 7, 2018, 09:34 GMT | Official Statement) -- MLex Summary: SA Airlink and Safair Operations, owner of low-cost airline FlySafair, abandoned merger plans on Oct. 26, South Africa's Competition Commission said. The watchdog blocked the deal in February, and the companies had been due to challenge its decision at the Competition Tribunal later this month. The commission had found that the deal was likely to remove FlySafair as an effective competitor to SA Airlink services on routes where they compete, and that it was likely to result in coordinated effects through potential exchange of sensitive data.Full statement follows:...

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