The largest airport owner in Britain, BAA has said that it would rather consider taking legal action against the Competition Commission of UK, challenging the "substantive errors" made by the watchdog group in its recent report suggesting a break-up of BAA"s business holdings.
On the other hand, the Manchester Airport Group, one of the prospective buyers of the Gatwick Airport owned by BAA is seriously trying to push the move forward by enjoining the competition commission to designate an exclusive trustee for independently supervising the sale of this property.
BAA, which is owned by Ferrovial, the Spanish firm, has strongly criticised the report published by the commission, which has said that there was a severe lack of competition across all seven of the operator"s airports, which had drastically reduced their performance. Eventually, the monopoly watchdog group has suggested to the government that BAA should be compelled to sell off three of its airports, including two in London and one in Scotland.
In its response to the said report running to about 74-pages, the airports owner had blamed the Competition Commission of having "fundamental misunderstandings" regarding BAA"s business operations.
It has further issued a warning to the commission that the said report contained "substantive errors of law" as well as "significant errors of fact and reasoning." BAA continued: "If these flaws are not addressed BAA will consider the possibility of an appeal to the competition appeals tribunal."
On the other hand BAA last week announced its readiness to sell Gatwick Airport by way of at least partly cooperating to implement the recommendations of the commission.