Business, Freight News, Sea

Eurotunnel ferry line lives on

[ December 4, 2013   //   ]

A UK Competition Appeal Tribunal has thrown out an earlier decision by the Competition Commission to ban Eurotunnel subsidiary MyFerryLink from operating on the Dover-Calais route. The CC ruled in June 2013 that Eurotunnel’s ferry subsidiary amounted to unfair competion, but held back from banning the service for six months, pending the outcome of the appeal.

Jacques Gounon, chairman and CEO of Groupe Eurotunnel, which took over three ferries from bankrupt French Railways subsidairy SeaFrance, welcomed the result of the appeal, saying: “This is a victory for the consumer. We are delighted by the Competition Appeal Tribunal’s decision which recognizes the benefits and practicalities of our presence in the maritime cross-Channel market.”

According to DFDS, which also operates on the Channel, the UK Competition Appeal Tribunal decided that a further review was required of one aspect of the UK Competition Commission’s ruling on Eurotunnel’s purchase of the SeaFrance assets. The Competition Commission must therefore reconsider this point and issue a new decision, it said.

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