A PYMNTS Company

BAA loses appeal, must sell Stansted

By  |  February 1, 2012
BAA loses appeal, must sell Stansted

The U.K. Competition Appeal Tribunal has affirmed the Competition Commission’s ruling that BAA must sell Stansted airport. The Competition Commission in 2009 had ordered BAA to divest Gatwick and Stansted, as well as either Glasgow or Edinburgh airports. The BAA has already sold Gatwick and has agreed to sell Edinburgh, but argued that Stansted should not be sold because it and Heathrow do not serve the same market, and so BAA can thereby continue to operate both airports.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Source: BBC News