Philippines Department of Justice announced a review of antitrust cases filed against Philippine International Air Terminals (PIATCo) and Fraport for the construction of Terminal 3 at Ninoy Aquino International Airport and violations of unfair competition and monopoly regulations. Fraport shares were 4% higher on Wednesday.
The private complainant decided to withdraw from the antitrust case he filed against the companies.
Selected airport and airport operator share price movements (% change): 20-Apr-2011
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