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France: Officials call for full competition in freight sector after market abuse fines

By  |  January 4, 2013
France: Officials call for full competition in freight sector after market abuse fines

France’s Rail Freight Group (RFG) has released a statement expressing approval of the French Competition Authority’s recent decision to fine rail transportation company SNCF about $80.3 million after resolving that SNCF had abused its dominant position. The fine resulted in an investigation initiated by the Authority, ultimately finding that SNCF conspired with confidential information from its competitors to prevent those competitors from accessing necessary capacity, among other violations. In a statement, RFG Chairman Tony Berkeley said that the ruling demonstrates “the need for full liberalization and competition in the rail freight sector.”

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