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Comment: Air Canada has a job to convince EU regulators that Transat is a failing firm

By Nicholas Hirst
  • 26 Mar 2021 12:24
  • 26 Mar 2021 12:24
Air Canada already had its work cut out to persuade EU regulators that Transat is a failing firm and so should warrant an exemption from merger rules. After comments yesterday by a senior EU competition official, its task seems even harder.

The failing firm defense allows the European Commission to approve an anticompetitive

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