P&O Takeover Garners Regulators Eyes

The Financial Times reported yesterday that European anti-trust regulators are anticipating the launch of a many months long investigation into Carnival Corp.'s bid for P&O Princess Cruises. A decision by the European Commission to open an investigation would be a victory for Royal Caribbean Cruises. The Royal Caribbean deal is being investigated by the UK anti-trust watchdog, which is expected to announce its decision in June.