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News - MSN Money: "BAA's Ownership of Airports Under Review

All Associated Press NewsLONDON (AP) - Britain's competition regulator said Friday it will study airport owner BAA PLC's domination of airport ownership.
BAA, which recently agreed to a takeover by Spain's Grupo Ferrovial SA, owns London's Heathrow, Gatwick and Stansted airports and key airports in Scotland.

The Office of Fair Trading, which had said in May that it was considering a review, said it would examine whether 'the current market structure works well for consumers.'
The agency said that nearly two-thirds of British air passengers begin or end their journey at a BAA airport.
'Within the London area this rises to nine out of 10 passengers, and in Scotland over eight out of 10 air passengers fly from a BAA airport,' the agency said.
BAA also operates airports at Southampton England; and in the Scottish cities of Aberdeen, Glasgow and Edinburgh.
A consortium led by Ferrovial, the Spanish construction company, won a fight for control of BAA with a 10 billion pound ($18.4 billion) bid."