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OFT report prompts further questions over BAA break-upOFT report prompts further questions over BAA break-up
18-Dec-2006
UK. The Office of Fair Trading’s (OFT) plan to refer BAA to the Competition Commission is a blow for the UK airports group and new owner Grupo Ferrovial, as are the damning results of the OFT’s market study on the UK airports industry
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OFT CEO John Fingleton cited evidence of poor quality and high charges in the hard-hitting report. “We believe that the current market structure does not deliver the best value for........
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(30-Jun-2006) - A report by the Office of Fair Trading could prompt a restructure of the UK airports market
(26-May-2006) - Spanish firm Ferrovial, bidding to buy BAA, has welcomed the Office of Fair Trading's investigation into the UK airport sector
(30-Mar-2007) - The Office of Fair Trading (OFT) has decided to refer BAA to the Competition Commission for further investigation
(11-Jul-2006) - Industry sources and independent analysts argue that Grupo Ferrovial is likely to sell BAA's retail division to concentrate on infrastructure management
(31-Aug-2006) - Airlines call on the Office of Fair Trading to enforce separate ownership of BAA's London airports