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BAA told to sell two more UK airports

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BAA told to sell two more UK airports

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Britain’s Competition Commission has told BAA that as well as London’s Gatwick airport it must also sell Stansted in London and Edinburgh airport in Scotland.

The regulator said the sale of three of the seven British airports owned by Spanish firm Ferrovial’s subsidiary BAA is necessary to break up a long standing monopoly and increase competition. Ferrovial, which was already planning to sell Gatwick, said it disagrees with the ruling which will be confirmed in the Commission’s final report next March.