Great Britain: Regulation and Break-up of the BAA “London Monopoly”
June 20, 2007 Leave a comment
The British airport company, BAA, experienced a fundamental evolution last year when it was taken over by the Spanish group Ferrovial (building and public works sector). BAA, which runs seven UK airports, which combined handle nearly 65 percent of all air passengers entering or leaving the UK. Consequently, this Spanish takeover can have a big influence on the British way of doing business. This article looks from a regulatory point of view at the Break-up of the BAA.