Airport Owner Must Sell 2 More Hubs: UK Watchdog

Law360, New York (March 30, 2011, 6:50 PM EDT) -- The U.K. Competition Commission on Wednesday reaffirmed its decision that BAA Airports Ltd. must shed transportation hubs in London and Scotland following the nation's highest court's refusal to hear BAA's challenge to the forced divestiture.

The antitrust enforcer originally ordered BAA to sell London's second- and third-largest airports — Gatwick and Stansted — and either the Edinburgh or Glasgow airport in March 2009. Though BAA sold Gatwick for £1.51 billion ($2.43 billion) later that year, it contested the rest of the order, claiming that a key...
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