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Czech Competition Authority Grants Conditional Approval for Pegasus’ Acquisition of Smartwings

The Czech Competition Authority (ÚOHS) has granted conditional approval for Pegasus Airlines to acquire Czech Airlines and its subsidiary Smartwings. The authority required certain commitments to be fulfilled, particularly to preserve competition on the Prague-Antalya route following the acquisition. In its review, ÚOHS assessed that the combined operations of Pegasus and Smartwings on the Prague-Antalya route during the summer season…