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NetJets reported to UK watchdog

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Goose Posted: Wed, May 18 2011 10:01 AM

European fractional ownership giant NetJets has been reported to the UK's competition watchdog, the Office of Fair Trading, for allegedly trying to restrict the development of a secondary market in fractional jet ownership in London. The action has been brought by UK broker Fractional Jet Europe (FJE), whose business model centres on facilitating the buying and selling of part-ownership in private jets.

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