Britain’s antitrust regulator said that BAA Ltd., the owner of London’s Heathrow airport, is providing poor service and should sell its two other London airports, Gatwick and Stansted, and Scotland’s Glasgow airport. BAA, owned by Spain’s Grupo Ferrovial, has a near-monopoly on air travel in southeast England, and the U.K. Competition Commission and some British politicians say that has contributed to widespread, ire-inducing flight delays. “This is a ruthless assessment that many will welcome,” said Howard Wheeldon at BGC Partners in London. (Bloomberg)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- America created the Islamic State of Iraq and Syria? Meet the ISIS 'truthers'
- The Obama era is over. The presidency continues.
- Russia's giant spy ship was a high-tech disaster waiting to happen
- What would a U.S.-Russia war look like?
- How American businessmen are ruining American business — and the U.S. economy
- On ISIS, neocons and liberal hawks have a 'boy who cried wolf' problem
- Fall movie guide: All the films you should see in September
- How Harry Houdini escaped death
- 10 things you need to know today: September 2, 2014
- The 10 best networking tips for people who hate networking
Subscribe to the Week