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
Electrolux Fined €44.5 Million in French Antitrust Case
Dec 19, 2024 by
CPI
Indian Antitrust Body Raids Alcohol Giants Amid Price Collusion Probe
Dec 19, 2024 by
CPI
Attorneys Seek $525 Million in Fees in NCAA Settlement Case
Dec 19, 2024 by
CPI
Italy’s Competition Watchdog Ends Investigation into Booking.com
Dec 19, 2024 by
CPI
Minnesota Judge Approves $2.4 Million Hormel Settlement in Antitrust Case
Dec 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand