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Comment: Veto for Lufthansa’s ITA deal hangs in balance amid political storm

By Natalie McNelis and Lewis Crofts ( May 30, 2024, 09:50 GMT | Comment) -- Deep competition concerns over the harmful impact of Lufthansa's deal to acquire ITA are colliding full speed with political pressure, as the European Commission's review enters its endgame. Traditional predictions point to a veto, but the transaction finds itself not just on the lips of irate Italian and German politicians, but also caught in the backdraft of EU elections and pressure to reshape Europe's competition rulebook.Deutsche Lufthansa’s bid to gobble up its beleaguered rival Italia Trasporto Aereo was always going to be a hard sell. ...

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