Many European champs have been born in 10 years - Vestager - Business. Italian Economy Minister Giancarlo Giorgetti said the European executive is blocking the proposed acquisition by Lufthansa of joint control of ITA Airways.
"If you go back over the history of merger approvals in my ten years" at the European Commission, "you will see that many big companies have beenborn through mergers," Vestager said. "This happens because very often it is possible to approve a merger while preserving competition," she said.