Watchdog Expected To Seek Breakup Of BAA Airports

Law360, New York (August 18, 2008, 12:00 AM EDT) -- BAA may be required to break up its ownership of seven British airports if the U.K. Competition Commission orders the company to sell off certain assets this week, as it is reportedly expected to do.

Following the commission's report earlier this year determining that BAA's ownership of most of the busiest airports in southeast England and Scotland do not appear to serve the public interest, the company's chairman, Sir Nigel Rudd, told the BBC over the weekend that he expects the regulator to make divestments....
To view the full article, register now.