Press: BMI: Price-fixing due to stifled competition

BMI Chairman Michael Bishop has blamed the lack of competition for the air route between London Heathrow and the U.S. for price fixing.

And that this environment has triggered an investigation into some airlines operating to and from the U.K., the Financial Times reported on its Web site.

“Recent events in the U.K. and the U.S. highlight the importance of transparency in competition in air travel. The consumer will always be the loser if fares are influenced or set by any forces other than a free and deregulated market,” Bishop said.

“This whole Punch and Judy show is a feature of a restrictive market,” he added, according to the FT.