Business
DFDS jubilant over Eurotunnel case ruling
This article is more than 10 years old.
DFDS Seaways is delighted that the British Competition & Markets Authority (CMA) has today decided to ban all ferry activities by Eurotunnel, the Channel Tunnel operators, between Britain and France.
The CMA thereby upheld its decision from more than a year ago that forbade Eurotunnel from operating ferries between Dover and Calais via the company Myferrylink.
"Today's final report from the CMA is good news for DFDS and our 1,300 employees providing ferry services across the English Channel,” Niels Smedegaard, the head of DFDS, said in a press release.
“We can now start to carry out our plans for the future. For the sake of all stakeholders, we hope the decision will be implemented as swiftly as possible."
READ MORE: DFDS making headway in 2014
Better competition
The French company Eurotunnel – which the CMA estimates owns about 50 percent of the market – started operations in 2012 after taking over three ferries from the bankrupt operator SeaFrance.
The CMA has indicated that Eurotunnel will be permitted to sell Myferrylink to an independent buyer – to increase competition and for the overall good of the customer.