Common Contracts
2 similar Acquisition Agreement contracts
ACQUISITION BY KOREAN AIR OF ASIANAAcquisition Agreement • February 27th, 2023
Korean Air considers that entry on the Relevant Routes by either the Proposed Remedy Taker or one or more alternative Prospective Entrant(s) as facilitated by these undertakings will remedy, mitigate or prevent the substantial lessening of competition specified in the Decision.
ACQUISITION BY KOREAN AIR OF ASIANAAcquisition Agreement • December 8th, 2022
London-Seoul City Pair by the Proposed Remedy Taker, on terms approved by the CMA. The Framework Agreement is conditional on formal CMA approval of the Proposed Remedy Taker and acceptance by the CMA of these undertakings. The Framework Agreement includes an undertaking that the Proposed Remedy Taker has the financial resources, expertise (including the managerial, operational and technical capability), incentive and intention to maintain and develop services on the Relevant Routes in competition with Korean Air and other competitors on the Relevant Routes. The Framework Agreement includes a commitment by the Proposed Remedy Taker to use reasonable endeavours to operate a Competitive Air Service at up to a daily frequency on the London-Seoul City Pair by the Target Entry Date. For the avoidance of doubt, all agreements referred to in paragraph 3.2 below, to the extent required by the Proposed Remedy Taker, will be on terms approved by the CMA;
