Competition Tribunal Says BAA Must Sell UK Airport

Law360, New York (February 1, 2012, 6:10 PM EST) -- The U.K.'s antitrust appeals body on Wednesday upheld a lower court's ruling that requires BAA Airports Ltd. to sell off a London-area airport as part of a previous order requiring the airline to divest three of them in order to nurture competition conditions for U.K. customers.

The U.K. Competition Appeal Tribunal upheld the U.K. Competition Commission's decision last year mandating that BAA sell Stansted Airport, despite the company's argument that the ruling drew on outdated analysis of market conditions and the profitability of that airport....
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