A PYMNTS Company

UK: Tribunal questions Commission’s jurisdiction in Eurotunnel case

By  |  December 4, 2013
UK: Tribunal questions Commission’s jurisdiction in Eurotunnel case

The UK Competition Appeal Tribunal announced Wednesday that the Competition Commission did not adequately consider whether it has jurisdiction over France-based ferry company Eurotunnel’s acquisition of SeaFrance assets.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Reports say the Tribunal will now require the Commission to review its decision to force Eurotunnel to stop operating at one port and divest assets.

    The Commission first ruled last June that Eurotunnel must stop operations at the Port of Dover and sell ferries, a decision later appealed by Eurotunnel.

    Reports say the Tribunal found that the Commission “has not properly considered whether it has legal jurisdiction to consider the transaction, ie. As a transfer of assets or an enterprise.”

    Full Content: Wall Street Journal

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.