Europe-Ireland $36 Billion Budget Airline Ryanair Fined $302 Million (€256 Million) by Italian Competition Regulator (AGCM) for Antitrust Behaviours Including Blocking Travel Agents on Website, Founded in 1984 by Tony Ryan, Christopher Ryan & Liam Lonergan, Current Market Value at $36.1 Billion, Share Price +69.3% YTD, +64.5% Last 12 Months & +68.5% Last 5 Years
24th December | Hong Kong
Europe-Ireland budget airline Ryanair ($36 billion market value) has ben fined $302 million (€256 million) by Italy competition regulator (AGCM) for antitrust behaviours including blocking travel agents on website. Ryanair was founded in 1984 by Tony Ryan, Christopher Ryan & Liam Lonergan. Ryanair current market value at $36.1 billion, with share price +69.3% YTD, +64.5% last 12 months & +68.5% last 5 years. Announcement (23/12/25): “Ryanair, Europe’s No.1 airline, today (Tues, 23 Dec) instructed its lawyers to immediately appeal both the bizarre/unsound ruling and the €256m fine, unjustly levied by the Italian Competition Authority (AGCM), which seeks to ignore – and overturn – the Jan 2024 Precedent Ruling of the Milan Court, which declared that Ryanair’s direct distribution model “undoubtedly benefits consumers” and leads to “competitive fares”. Today’s Ruling validates Ryanair’s current distribution agreements, which guarantee price transparency for consumers, and safeguards the continuing availability of the lowest promotional fares on ryanair.com. The AGCM’s baseless efforts to redefine a period of time after the Milan Court Ruling, and to wrongly claim that Ryanair has a dominant position in air services to/from Italy will be overturned. This Ruling and fine are legally unsound, and will be overturned on appeal. Ryanair has campaigned for many years to offer consumers the lowest fares by booking directly on the ryanair.com website. This direct distribution model was ruled to “undoubtedly benefits consumers” by the Milan Court, as recently as Jan 2024. However, under pressure from a Spanish OTA (which has repeatedly overcharged unsuspecting consumers), and a tiny number of bricks and mortar travel agents in Italy, the AGCM has today issued a Ruling (and this absurd fine), which flies in the face of the Jan 2024 Milan Court Ruling. In order to invent this legally unsound Ruling, the AGCM has ignored the fact of Ryanair’s non-dominant (just over 30%) share of the Italian market, by gerrymandering to exclude both long haul air travel, and short haul air access to a number of other countries, so that it could invent this claim that Ryanair holds a dominant position in the Italian air travel market. It also seeks to exclude competing rail, bus, ferry and motorway travel from the market definition, in what is clearly an invented, but untenable market definition. The AGCM Ruling appears to accept that Ryanair’s current approved OTA and Travel Agent Direct agreements, which allow all OTAs and bricks and mortar travel agents “cost free” unfettered access to Ryanair’s airfares (with the sole exception of Ryanair’s promotional fares) as long as they agree not to overcharge consumers when selling Ryanair’s fares and ancillary services, comply with competition law. Nevertheless, this contorted ruling and its absurd fine flies in the face of the Milan Court decision of Jan 2024, and can only be the product of a biased and unsound analysis of Ryanair’s pro-consumer pricing in every market in Italy in which Ryanair operates.”
“ Europe-Ireland $36 Billion Budget Airline Ryanair Fined $302 Million (€256 Million) by Italy Competition Regulator (AGCM) for Antitrust Behaviours Including Blocking Travel Agents on Website, Founded in 1984 by Tony Ryan, Christopher Ryan & Liam Lonergan, Current Market Value at $36.1 Billion, Share Price +69.3% YTD, +64.5% Last 12 Months & +68.5% Last 5 Years “
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Europe-Ireland $36 Billion Budget Airline Ryanair Fined $302 Million (€256 Million) by Italy Competition Regulator (AGCM) for Antitrust Behaviours Including Blocking Travel Agents on Website, Founded in 1984 by Tony Ryan, Christopher Ryan & Liam Lonergan, Current Market Value at $36.1 Billion, Share Price +69.3% YTD, +64.5% Last 12 Months & +68.5% Last 5 Years
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