Britain’s Competition in addition to Markets Authority (CMA) said the item could investigate British Airways’ revenue-sharing partnership on trans-Atlantic routes ahead of the 2020 expiry of a previous competition deal agreed with the airlines.
British Airways, alongside American Airlines , Iberia in addition to Finnair form the Atlantic Joint Business Agreement, a revenue-sharing joint venture which covers routes between Europe in addition to North America in addition to allows the partners to co-operate on pricing, capacity in addition to schedules.
The UK regulator, the CMA, said in a statement on Thursday the item could open an investigation into the partnership, adding that will the case was at an early stage in addition to no assumption should be made that will the item infringes competition law.
The CMA said the item decided to study the partnership as commitments made by the airlines under a European Union competition probe by 2010 will expire in 2020.
By that will time, the UK will no longer be part of the EU. The commitments made in 2010 mainly related to UK-U.S. routes. The CMA said the brand-new investigation could apply UK in addition to EU law.
British Airways in addition to Iberia are both owned by IAG Group, which said in a statement the item could respond to the review.