A PYMNTS Company

EU: Dutch railway company fined €41m over bid

By  |  July 2, 2017
EU: Dutch railway company fined €41m over bid

The Dutch anti-cartel body, ACM, has fined Dutch railway firm NS almost €41m (US$45m) for breaking competition law during the tender process to provide regional rail services in Limburg in 2014. The ACM’s investigation, in part based on internal emails and other documents, found that the state-owned company “had submitted a loss-making bid in order to obstruct its competitors”.

    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.

    “Over the past 20 years, regional tender processes in the Dutch public transport sector have resulted in increased passenger volumes and in better service,” said ACM chairman Chris Fonteijn in a statement. “Passengers ultimately benefit from better service. ACM believes a substantial fine is in order here.”

    In addition to submitting a loss-making bid, NS staff also used confidential information obtained from a former director of rival operator Veolia, which operated the regional rail services in Limburg at the time of the regional tender process.

    Full Content: Authority for Consumers & Markets

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