The European Commission, one of the important bodies needed to bless the proposed merger between Continental and United airlines, said it doesn’t see any problem with the marriage.
“Approval from the European Commission is another important step toward completing our merger with United,” said Jeff Smisek, Continental’s chairman, president and CEO, in a press release. “The combination of United and Continental brings together the two most complementary networks of any U.S. carriers, with minimal domestic and no international route overlaps. Together we will offer customers unparalleled global access.”
Groups like the European Commission are often worried that a merger like the one Continental and United have proposed will lead to higher ticket prices and fewer options for travelers. It could have put a number of restrictions on the airlines, which hope to complete the merger by the end of the year.
