UK real estate and competition law: Heathrow fined £1.6 million for a restriction in a commercial lease
On 18 September 2018, the UK’s Competition and Markets Authority (the “CMA“) announced that Heathrow airport (“Heathrow“) will pay a fine of £1.6 million in relation to an infringement of UK competition law arising from a restriction included within a commercial lease.[1]See, www.gov.uk/government/news/heathrow-and-arora-admit-to-anti-competitive-car-park-agreement Importantly, this case marks the first occasion that the CMA has used…