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BAA loses appeal over Stansted airport sale

from Reuters

Airport operator BAA must sell London Stansted airport, Britain's fourth busiest, after a court dismissed its appeal against a ruling by the UK's competition watchdog. The ruling is the latest twist in a long battle between BAA and the Competition Commission CC.L stretching back to 2009 when it ruled that the group exerted a dominant hold on airports in Scotland and the southeast of England. more

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