Five Spanish companies, including Alsa and the Globalia group, have expressed their interest in entering the railroad market, and into direct competition against State-owned Renfe in the rail passenger transport business.
The five companies have secured licenses to operate rail services, and must now analyse the requirements set by the Development Ministry’s Order, published in the Official Gazette. The first phase of the plan would allow for one single operator to compete with Renfe along the Corredor a Levante train route.
The most recent order frees the companies from having to own all the material assets, such as trains and personnel, in order to make a bid for the contract, demanding instead a ‘compromise to purchase’ these assets in case of securing the contest.
Source: Expreso
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI