19 Mar, 2017 @ 19:33
1 min read

Spanish rail operator Renfe fined millions for discriminating against other companies

Renfe fined € million

renfe-fined-e65-millionNATIONAL rail operator Renfe has been fined over illicit pacts with other rail firms.

Watchdog CNMC said Renfe and Deutsche Bahn, a German train company also being fined, treated each other as privileged clients.

Renfe is accused of discriminating against other freight companies and harming the competition.

A CNMC spokesman said: “Through these alliances, these groups, which theoretically should be competing with each other, could maintain the almost unchanged status quo that existed before the liberalisation of the cargo train sector in Spain.”

Altogether both companies were fined €75.6 million. Deutsche Bahn was not available for comment.

Staff Reporter

DO YOU HAVE NEWS FOR US at Spain’s most popular English newspaper - the Olive Press? Contact us now via email: [email protected] or call 951 273 575. To contact the newsdesk out of regular office hours please call +34 665 798 618.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

China puts trust in Spain
Previous Story

China invested €1.7 billion in Spain last year alone

obese mans belly
Next Story

Malaga nutritional expert blames ‘deadly’ white bread and American influences for Spain’s obesity problem

Latest from Business & Finance

Go toTop

More From The Olive Press