BAA To Face Competition Commission's Scrutiny

Law360, New York (March 30, 2007, 12:00 AM EDT) -- After months of public consultation, the United Kingdom's Office of Fair Trading has decided to refer airports operator British Airports Authority to a higher antitrust body for further investigation.

The OFT revealed on Friday that it has officially handed over the investigation to the Competition Commission, wrapping up a long-standing inquiry into the U.K. airports market.

The competition watchdog had signaled its intention back in December to give the inquiry to the C.C. but chose to solicit public opinion on the situation before completing the transfer....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.