The European Commission has approved the final extension of France and Italy’s funding of the experimental phase of a rolling motorway service. The funding is for the Dijon-Mondane-Turin route on a rail freight service in the Alps. The service allows trucks to be transported on special trains using the Mont Cenis rail tunnel, as an alternative to using roads. The scheme was approved by the European Commission in 2003, as development aid for combined transport.
The approved support is conditioned on the service being awarded by June 30, 2013. The funding is need to phase in the service, a transition that has been “hampered and slowed down by technical and administrative problems.”
Full content: EC Press Release
Related content: The State Aid Action Plan: A Bold Move or a Timid Step in the Right Direction?
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
ConocoPhillips Acquires Marathon Oil for $22.5 Billion in Major Energy Sector Consolidation
May 29, 2024 by
CPI
Judge Denies Amazon’s Bid to Dismiss FTC Lawsuit Over Prime Membership Practices
May 29, 2024 by
CPI
Germany and France Advocate for Major EU Competition Reform
May 29, 2024 by
CPI
Equifax Accused of Monopolizing Employment Verification Market in New Suit
May 29, 2024 by
CPI
Car Battery Makers to Challenge EU Cartel Charges in Brussels
May 29, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI