Heathrow airport will pay a £1.6m fine for restricting competition on parking prices in a lease with the operator of a Terminal 5 hotel.
The fine, which will be imposed by the Competition and Markets Authority (CMA), comes after its investigation into the airport’s agreement with the Arora Group for the lease of Arora’s Sofitel hotel at Terminal 5. This included a clause restricting how parking prices should be set by Arora for non-hotel guests.
In December 2017 CMA...
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