Ryanair chief Michael O'Leary suffered a setback last night after his attempt to block a competition inquiry into his minority stake in rival Aer Lingus was thrown out.
Mr O'Leary, who has been trying to buy his rival company, had argued that the issue of Ryanair's 30 per cent stake was not in the UK Competition Commission's jurisdiction.
The Competition Appeal Tribunal begged to differ.
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