CRA advised Virgin Atlantic throughout proceedings in Europe and the US on Delta Airlines’ proposed acquisition of a 49% minority shareholding in Virgin Atlantic. Delta and Virgin will now enter into a fully integrated joint venture, bringing together their passenger operations between the UK and US. Following a Phase I investigation, the European Commission was satisfied that the combined entity would continue to face a strong competitive constraint on all overlapping routes, particularly from the British Airways – American Airlines joint venture.
To open or not to open a technological system: insights from the history of mobile phones and their application to 5G
Is it a good business strategy for a creator of new technology to make that technology available to other companies in the industry, including its competitors?...