easyJet calls for better regulation not break-up of BAA
21.08.08
easyJet has said a change of ownership at airports would not help passengers or improve efficiency, and instead called for better regulation. Chief Executive Andy Harrison said: ‘Airports are individual monopolies. Selling a monopoly to a new owner will not help protect the consumer or improve efficiency. Airports need better regulation.'
He said he backed the break-up of BAA, which has been instructed to sell three of its seven airports, but added it was less important than an overhaul of the regulatory system. He said: ‘A break-up of BAA is a step forward, but it is the bronze medal at the consumer protection Olympics. A gold medal would be a better, more effective regulator.'
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