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Competition Appeal Tribunal News

08 Jun 2015

Eurotunnel Sells Ships to Danish DFDS Group

Eurotunnel reluctantly sold to its subsidiary, the Calais-to-Dover ferry business, MyFerryLink the Danish DFDS, the competitor of the Channel Tunnel reports Le Monde. The company is a forced seller of the service because of antitrust action. It said it had wanted to sell the business to a workers' cooperative, SCOP SeaFrance, rather than to DFDS. "The group, regretting that SeaFrance SCOP did not have the necessary support to make a takeover offer, ads engaging accept the tender submitted by DFDS for leasing ships Berlioz and Rodin," the group said in a statement. On January 9, the British appellate court for Competition (Competition Appeal Tribunal) upheld the position of the authority of the British competition (competition and markets authority…

09 Jan 2015

Eurotunnel Seeks Buyer for Ferry Business

Groupe Eurotunnel, which runs the undersea rail link between Britain and France, is putting its ferry service between the two countries up for sale after a ban on it operating the route was upheld by Britain's Competition Appeal Tribunal (CAT). CAT's ruling supported a ban brought in by Britain's antitrust regulator and comes after a long-running probe by the country's competition authorities into Eurotunnel's move into the ferry market. Under the ruling announced on Friday, Eurotunnel now has six months to cease its MyFerryLink operations between France and Britain, with the company saying it would seek a buyer for the business, which it said was run as an independent company.

20 Dec 2013

English Channel Ferry Operation Ban Overturned, For Now ...

MyFerry vessel: Photo courtesy of Maritime London

The European Union Competition Appeal Tribunal has overturned a Competition Commission ruling that MyFerryLink, which operates leased ex-Sea France ferries from Groupe Eurotunnel, must stop running its services, reports Maritime London. However, the judgment was based on arguments of jurisdiction and not the substance of the competition arguments so the Competition Commission will now re-examine the case. Jacques Gounon, chairman and chief executive officer of Groupe Eurotunnel, stated: “This is a victory for the consumer.