British competition regulator looking into IAG's purchase of Air Europa
Nov 22 (Reuters) - Britain's competition regulator is examining whether British Airways owner IAG's planned 500 million euro ($563.2 million) purchase of Spain's Air Europa would harm competition in the UK, the watchdog said on Monday.
The Competition and Markets Authority said it has a Jan. 19 deadline for its initial investigation decision. IAG has already offered concessions to address EU antitrust concerns over the deal. ($1 = 0.8878 euros) (Reporting by Yadarisa Shabong in Bengaluru Editing by David Goodman )
