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AGCM Statement: Italian competition authority to reexamine Alitalia-Volare merger conditions

( October 29, 2007, 11:02 GMT | Official Statement) -- ****************************************MLex Summary: Italy's AGCM has agreed to requests from both entities to reconsider conditions imposed upon the 2006 merger between Alitalia and low-cost operator Volare, due to possible changes in the legal and economic climate of the two companies. The relinquishment of four pairs of slots on three separate routes was decided by the Italian competition authority in July 2006 when the companies agreed to a merger. The transfer had been postponed due to ongoing legal actions surrounding the acquisition and the changing business climate, with particular regard to Alitalia's impending sale....

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