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Slovakia: Watchdog hits breaks on railway practices with $13.5M fine

 |  September 3, 2013

State-owned railway Cargo Slovakia has been fined about $13.5 million by the nation’s competition watchdog for anticompetitive hiring and sales practices.

The company is accused of limiting sales and hirings locomotives, claims which Cargo Slovakia refutes. In a statement, a spokesperson for the company vowed to appeal the fine.

The actions in question involve electricity-driven locomotives, usually solely owned by Cargo Slovakia; the watchdog claims Cargo refuses to sell such locomotives to rivals, forcing them to use less efficient diesel locomotives.

Full Content: Spectator

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