A PYMNTS Company

Spain: Arriva will be allowed to compete with Renfe: CNMC

By  |  May 13, 2019

Spanish regulator CNMC approved on Thursday the resolution that will allow transport company Arriva to compete against the local company Renfe, providing rail services between A Coruña and Porto.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The coming of Arriva does not pose problems for the economic balance of the public service contract that Renfe has signed with the state, while it will benefit users by providing new routes and the possible offer of combined services to complement the rail service with connections to its local and intercity bus network.

    The CNMC has indicated that Renfe Viajeros may request a review of this result if there is a significant change in the characteristics of the provision of the Arriva service, that is, “if there is a substantial difference between the actual impact and the estimate of the services within a minimum period of 2 years “.

    Full Content: La Vanguardia

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.