Saturday 19 September 2020

CMA imposes interim measures in airline Atlantic Joint Business Agreement

CMA imposes interim measures in airline Atlantic Joint Business Agreement

The Competition and Markets Authority (CMA) has refused to accept the proposed 10-year binding commitments offered by the International Consolidated Airlines Group (the parent company of British Airways) and American Airlines to address competition concerns arising from their Atlantic Joint Business Agreement (AJBA).

Instead, the CMA will continue its open competition investigation into the arrangements and has imposed interim measures which extend by three additional years commitments accepted by the European Commission in 2010 and which would otherwise expire in July 2020.

This is the first time that the CMA has imposed interim measures in a competition investigation since its incorporation in 2014.

The CMA has identified competition concerns on five routes between London and each of Boston, Chicago, Dallas, Miami and Philadelphia.

https://www.gov.uk/government/news/cma-acts-to-protect-competition-on-uk-us-airline-routes

No comments:

Post a Comment