EU Competition Regulators

Wizz Air, a low-cost airline based in Hungary, has lost its legal challenge against a $2.1 million capital increaseprovided by the Romanian government to TAROM, Romania’s national airline. This capital injection, aimed at supporting TAROM, was approved by EU competition regulators, and the EU General Court has now dismissed Wizz Air’s objections. Wizz Air argued that the state aid breached…