The European Commission has accepted the proposed remedies from Spain’s state-owned rail operator, Renfe, following an investigation into concerns about potential abuse of its dominant market position. The investigation, initiated in April 2023, focused on Renfe’s refusal to provide comprehensive information and real-time data on its trains to competing ticketing platforms.
The European Commission expressed preliminary concerns that Renfe’s actions could stifle competition by hindering the ability of third-party ticketing platforms to effectively compete with Renfe’s own online distribution channels.
To address these concerns, Renfe has put forth a series of commitments that have been accepted by the European Union (EU) watchdog. One of the key commitments involves granting competing ticketing platforms access to its data by the end of February 2024.
Renfe has pledged to make all its current and future content, along with real-time data, available to third-party ticketing platforms, with a few limited exceptions. The EU Commission specified that this encompasses “all the current and future content and real-time data displayed on any of its own online channels.”
Read more: EU’s Largest Fashion Retailer Sues EU Commission Over Content Rules
In addition, Renfe has committed to enforcing a Look-to-Book ratio, aiming to strike a balance between the operational needs of its sales system and the competitiveness of rival platforms.
These commitments are set to be in effect indefinitely, with a monitoring trustee appointed by Renfe overseeing their implementation. The monitoring trustee will report to the European Commission for a period of ten years to ensure compliance.
The move is seen as a positive step toward fostering a more competitive environment within the rail transportation sector. By ensuring that rival ticketing platforms have access to essential data, the European Commission aims to promote fair competition and enhance consumer choice in the online distribution of rail services.
The approved remedies represent a collaborative effort between Renfe and the EU Commission to address concerns and uphold the principles of fair competition in the European rail market.
Source: Reuters
Featured News
Big Tech Braces for Potential Changes Under a Second Trump Presidency
Nov 6, 2024 by
CPI
Trump’s Potential Shift in US Antitrust Policy Raises Questions for Big Tech and Mergers
Nov 6, 2024 by
CPI
EU Set to Fine Apple in First Major Enforcement of Digital Markets Act
Nov 5, 2024 by
CPI
Six Indicted in Federal Bid-Rigging Schemes Involving Government IT Contracts
Nov 5, 2024 by
CPI
Ireland Secures First €3 Billion Apple Tax Payment, Boosting Exchequer Funds
Nov 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI