The European Commission said Friday that it would deepen its investigation of the proposed merger of Olympic Air and Aegean Airlines, saying a preliminary inquiry had shown the deal could “raise serious competition concerns.” “The merged entity would have very high, if not monopolistic, market shares on all domestic routes and on a number of international routes where both parties operate,” the commission said. The Vassilakis and Laskardis groups, which control Aegean, said in February that they planned to merge the carrier with Olympic, which is owned by Marfin Investment Group.
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