The establishment of a joint venture by Hellenic Train and Damco Energy for the Commercial Railway Station and the Field Meditation Station (Thriasium II) was approved, subject to conditions and conditions. In detail, as a communication from the Competition Committee states, the joint venture from Hellenic Train and Damco will undertake the operation, maintenance, exploitation, completion of studies, construction of works and supply of equipment by the E.S. S. S.D. Thriasios Field (Thriasio II). Thriasios II will be a freight terminal in Greece with unique characteristics, which will serve the two-modal transport model (road/rail transport) of goods and is expected to contribute to an increase in the total volume of rail freight, given that the development of dual-modal transport and, in particular, those involving rail transport has a strong economic advantage, but also environmental sustainability. Hellenic Train currently holds a very high market share in the freight rail services market and a monopoly on the rail rolling stock maintenance market. In an in-depth investigation of the concentration, the Competition Commission considered that the acquisition of joint control in Thriasium II could significantly restrict the functioning of competition, in particular by strengthening Hellenic Train’s dominant position in the rail freight market through practices to exclude its competitors. In the context of an assessment of this concentration, undertakings put forward by the Competition Committee in consultation with market operators were proposed. Following this, the EA decided by a majority to approve the conditional and conditional concentration (corrective measures) on the basis of the proposed commitments.
Competition Committee: Conditions for the establishment of a joint venture by Hellenic Train and Damco for Thriasium II
—
in No charges