RealTrains07
Established Member
- Joined
- 28 Feb 2019
- Messages
- 1,759
Apologies if their is a thread on this already but nothing came up in various searches I did.
Yesterday it was announced that:
their are a couple of other articles that go into better detail. This was the most clearest one i could find?
I can link and post them if requested.
Yesterday it was announced that:
“FirstGroup PLC (LON:FGP) and Trenitalia’s controversial joint award of the West Coast mainline railway franchise could be investigated due to competition concerns”
“On Friday the UK watchdog suggested that giving the contract to the pair may contravene antitrust rules”
“The Competition and Markets Authority (CMA) said it was considering whether the First-Trenitalia joint venture could result in a situation that “may result in a substantial lessening of competition”.
“To build its potential case, the CMA has invited industry organisations and interested parties to comment on the transaction”
“When the Department for Transport awarded the franchise last month it stoked the long-rumbling debate about Britain's railways being run by foreign state-owned firms”
“As well as running West Coast services out of London Euston from 8 December 2019 to 2026, DfT also announced that partnership will then run services on the new HS2 line through to March 2031”
You think their is any possibility of the CMA blocking First trenitalia from taking over in december or causing any delay/disruption??
https://www.proactiveinvestors.co.u...t-rail-partnership-may-be-blocked-903123.html
their are a couple of other articles that go into better detail. This was the most clearest one i could find?
I can link and post them if requested.
Last edited by a moderator: