U.K. Agency Clips Air Fare Regulation

Law360, New York (November 20, 2006, 12:00 AM EST) -- Under pressure from airlines and airport operators, the U.K. Civil Aviation Authority has decided to lift its regulation of long-haul air fares due to greater competition in the airline market.

The CAA announced the move Monday, revealing that it plans to phase out the stiff regulation in two increments.

The first stage will go into effect Dec. 1 and will cover long-haul routes not including the U.K. to U.S. route.

The second stage, which will encompass U.K. to U.S. routes, will not go into effect until...
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