THE ANTI-Monopoly Bureau has disallowed the sale of a majority stake in Bratislava airport to the TwoOne consortium, ruling that the presence of Vienna airport in the consortium made it likely that the deal would lead to the creation of a regional monopoly in air traffic.
The PMÚ competition authority made the decision on September 12, almost a month after the Fico government said it was withdrawing from the privatization sale of 66 percent in Bratislava airport to TwoOne on a technicality.
“This sale would represent a concentration of two closely neighbouring airports, and would lead to a change in the structure of the market towards the creation of a regional monopoly,” the PMÚ wrote in its verdict.
Penta Investments, a member of TwoOne, appealed the PMÚ decision to the competition authority’s council, and asked state institutions not to withdraw from the sale contract until the PMÚ Council renders a final verdict.
Penta challenged the PMÚ’s claim that the two airports were in competition, and said it had not taken into account the interests of passengers.
13. Sep 2006 at 11:02