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 BRUSSELS, Belgium (AP) - EU regulators blocked a hostile takeover bid by low-fare carrier Ryanair for Ireland's Aer Lingus on Wednesday, saying it would limit consumer choice and likely boost ticket prices.
Together, the two Irish airlines would control more than 80 percent of all European flights to and from Dublin airport, the European Commission said.
"What we are doing is preventing a monopoly from emerging," EU Competition Commissioner Neelie Kroes said. "Ireland, being an island, depends heavily on air transport."
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