focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

PRESS; On the Beach sues Ryanair on abuse of "dominant" position

Fri, 22nd Oct 2021 21:28

(Alliance News) - On the Beach PLC is suing Ryanair Holdings PLC for blocking the Manchester-based online travel agent from booking flights with the Irish low-cost carrier, the Financial Times reported on Friday.

According to legal documents filed with the High Court, On he Beach has claimed that Ryanair had broken competition rules by blocking its credit cards and preventing customers from managing bookings online.

On the Beach has also claimed that Ryanair has abused its "dominant" position in market, made "false and disparaging claims" about the company and has prevented it from making a booking through Ryanair by preventing On the Beach from making an account.

In particular, On the Beach is seeking damages from the airline.

https://www.ft.com/content/130083dc-dc26-4565-94c3-a17f9de523fb

Shares in On the Beach closed 2.4% lower at 330.50 pence on Friday in London, while Ryanair's shares ended 0.4% lower at EUR16.02.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

Related Shares

More News
Today 10:00

LONDON BROKER RATINGS: UBS lifts Schroders; Barclays likes Wise

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday:

20 May 2024 07:47

LONDON BRIEFING: Keywords would back GBP2.0 billion bid as EQT circles

(Alliance News) - London's FTSE 100 is called to open higher at the start of the week, while the pound climbed and gold hit another record high, with ...

20 May 2024 07:36

Ryanair sees softer summer fares as profits take off

(Sharecast News) - Budget airline Ryanair on Monday reported higher annual profits but warned that summer airfares would be softer than anticipated.

20 May 2024 06:57

TOP NEWS: Ryanair's annual profit jumps as more people take to flight

(Alliance News) - Ryanair Holdings PLC on Monday reported a profit climb on the back of higher customer figures, helped by Easter this year landing in...

14 May 2024 12:30

On The Beach declares first dividend since Covid as moves upmarket

(Alliance News) - On the Beach Group PLC on Tuesday said it expects to deliver "another record summer", despite slower growth in the "value" end of th...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.