TUI AG, the largest European tour operator, has formed a joint venture ("TUI Cruises") with the Norwegian-American cruise line Royal Caribbean Cruises in order to gain entry into the strong market for premium cruises to German-speaking countries. The first ship to sail under the TUI Cruises flag should enter into service in Spring 2009. The agreement is still subject to review under antitrust laws.
Partner Ulrich Quack, together with Counsel Dr. Alexander Jüngling und Associate Dr. Florian von Alemann, represented TUI in matters involving the agreement’s merger control notification at the European Commission.
WilmerHale advises TUI on a regular basis in its antitrust matters, the most recent example of which is the TUI/First Choice transaction.