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Minority shareholdings and merger control: the Office of Fair Trading refers Ryanair’s minority stake in Aer Lingus to Competition Commission
- Mayer Brown LLP
- -
- United Kingdom
- -
- June 21 2012
On 15 June 2012, the OFT announced its decision to refer the 2006 completed acquisition by Ryanair of a minority stake of 29.8 in Aer Lingus to the Competition Commission
BAA’s right to appeal against forced sale: Court of Appeal grants BAA the opportunity to challenge fairness of Stansted sale
- Mayer Brown LLP
- -
- United Kingdom
- -
- June 7 2012
On 28 May 2012, England’s Court of Appeal granted BAA permission to challenge its forced sale of Stansted airport
Ryanair’s right to appeal rejected: Supreme Court rejects Ryanair’s application for permission to appeal
- Mayer Brown LLP
- -
- United Kingdom
- -
- June 7 2012
On 1 June 2012, the UK Supreme Court rejected Ryanair’s application to appeal the OFT’s judgment to proceed with a merger review into its 2006 purchase of a minority stake (29.82) in rival airline, Aer Lingus
Best endeavours budget flight dispute lands in Court of Appeal
- Mayer Brown LLP
- -
- United Kingdom
- -
- May 29 2012
“Best endeavours”, “reasonable endeavours” and “all reasonable endeavours” handy phrases to resolve contract negotiation issues but a real challenge to interpret - even for the Court of Appeal
Secretary of State for Transport issues written statement on airport charges price controls in relation to Heathrow, Gatwick and Stansted
- Mayer Brown LLP
- -
- United Kingdom
- -
- May 22 2012
On 16 May 2012, the Department for Transport announced that the Secretary of State for Transport had issued a written statement on the removal of a mandatory reference to the Competition Commission from the Civil Aviation Authority’s (“CAA”) price control review process for Heathrow, Gatwick and Stansted airports
OFT fines British airlines in airline fuel surcharges price-fixing case
- Mayer Brown LLP
- -
- United Kingdom
- -
- April 24 2012
On 19 April 2012, the OFT announced its decision in its Competition Act 1998 investigation into collusion by BA and Virgin over the pricing of passenger fuel surcharges
CAT refuses BAA permission to appeal against CAT judgment on divestment of Stansted
- Mayer Brown LLP
- -
- United Kingdom
- -
- March 13 2012
On 12 March 2012, the CAT published an order refusing BAA permission to appeal against the CAT’s judgment which had upheld the Competition Commission’s decision to require BAA to divest Stansted airport
CAA publishes market power assessments of Heathrow, Gatwick and Stansted airports
- Mayer Brown LLP
- -
- United Kingdom
- -
- March 6 2012
On 27 February 2012, the Civil Aviation Authority published full market power assessments of Heathrow, Gatwick and Stansted airports in preparation for its quinquennial review of the airports
BA in talks with OFT to settle price-fixing fine
- Mayer Brown LLP
- -
- United Kingdom
- -
- February 21 2012
On 18 February 2012, The Telegraph reported that British Airways (“BA”) is in talks with the Office of Fair Trading (“OFT”) over a fine that was imposed on it five years ago for price-fixing
CAT upholds decision to require BAA to divest Stansted airport
- Mayer Brown LLP
- -
- United Kingdom
- -
- February 7 2012
On 1 February 2012, the Competition Appeal Tribunal (“CAT”) ruled that the Competition Commission was entitled to require BAA to divest Stansted airport on the basis that the benefits of requiring BAA to do so outweighed the costs
