The CC's inquiry chairman Christopher Clarke said it was likely that
BAA would be given the opportunity "to hold on to Heathrow".
And Mr Clarke said it was likely
BAA would be given the opportunity to hold on to Heathrow.
Yesterday's results from
BAA will be closely looked at by the Competition Commission in the expected inquiry into
BAA's ownership of airports in the UK.
UBS Investment Bank ("UBS") is acting for
BAA and no-one else in connection
BAA said the proposal represented an attractive price for the company, who own seven sites including Heathrow, Gatwick, Edinburgh, Glasgow and Aberdeen.
The fact that
BAA is already regulated indicates that the Government recognises its dominant position.
Those interested in more information about the outreach event on June 16, 2010 may call
BAA Boston at 617-567-8881 or e-mail v_valley@baausa.
BAA also runs Heathrow, Southampton and Aberdeen airports.
The title
BAA plc was adopted when the former publically-owned British Airports Authority was privatised in 1986.
The
BAA decision ends a process which began as far back as March 2007 when the Office of Fair Trading referred
BAA airport services to the CC.
After that latest loss,
BAA said it would appeal to the Supreme Court but yesterday the Spanish-owned company signalled an end to its fight to hang on to Stansted.
Ryanair welcomes today s rejection by the Court of Appeal of the
BAA s 7th appeal against the sale of Stansted, as first recommended by the UK Competition Commission back in 2008, over four years ago.
