The reason for the break up of BAA is simple- and was highly forseeable too btw.
Although the 'old' BAA (ie pre-merger) was arguably a monopoly, Ferrovial already owned a couple of UK airports at the time it approached BAA. I think SOU was one, can't remember the other.
Put the two together and all doubt about it being a monopoly was removed. QED todays breakup.
They might have got away with it if they'd flogged their existing UK airports at the time of the merger thus preserving the status quo at least.
But 'oh, no..............'
Point 2. Up here in Scotland GLA is widely tipped as most likely to get sold.
Big mistake on two counts.
(i). Most of the population live in/ around Glasgow. GLAs behind EDI at the moment, but when things pick up again, as they will..........
(ii). If the point of the sell-off is to promote competion, selling EDI will do more to that end as GLA is already-and unlike EDI-competing with another airport. If GLA fell into the hands of the same folk who own PIK, the situation could be almost as bad as it is now.