logo
  

CMA Accepts Proposals From FirstGroup, Trenitalia On Competition Issues

The Competition and Markets Authority announced it has now accepted proposals from FirstGroup (FGROY.PK,FGROF.PK,FGP.L) and Trenitalia to address its concerns. The CMA has been investigating the award of the West Coast Rail franchise to a joint venture between FirstGroup and Trenitalia. The CMA stated that the award of the franchise can now go ahead without a more in-depth Phase 2 investigation.

For both West Coast Rail and TransPennine Express services, the accepted measures include caps on unregulated fares and maintaining the same availability of cheaper advance tickets for all 21 routes that raise competition issues.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Freshpet Inc. is recalling a single lot of Freshpet Select Small Dog Bite Size Beef & Egg Recipe Dog Food citing the potential contamination with Salmonella, a bacterium, the U.S. Food and Drug Administration said. The product comes in 1 LB bags, with UPC code of 627975012939, lot code of 1421FBP0101 and sell by date of 10/30/2021. Google has revoked its three-year ban on cryptocurrency-related ads on its sites under the search giants' new ad services policy. This action will now allow cryptocurrency exchanges and wallets certified by Google to advertise their products and services on Google's network, beginning August 3, 2021. The UK's competition regulator said Friday that it has secured commitments from Google to address concerns about the tech giant's proposal to remove third-party cookies from Chrome browser.
Follow RTT