Italy's antitrust regulator has hit Ryanair Holdings plc (NASDAQ:RYAAY) with a 255.8 million euros (around $301 million) fine, arguing the airline abused a dominant market position by restricting how travel agencies could sell its flights.

Ryanair has vowed to appeal, calling the decision legally flawed and inconsistent with prior court rulings that upheld its direct sales model as consumer-friendly.

On Tuesday, the Italian Competition Authority said Ryanair DAC, together with its parent company, engaged in anti-competitive conduct from April 2023 through at least April 2025.

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Market Dominance Allegations In Italy

The regulator concluded the airline held a dominant position in scheduled passenger air transport services to and from Italy, citing market shares of roughly 38% to 40% across domestic and European routes.

According to the Authority, Ryanair's scale ...