The European Commission has imposed fines of €48 million in total on three railway companies in Germany, Austria, and Belgium for breaching antitrust rules, according to a statement.
Oesterreichische Bundesbahnen, Deutsche Bahn (DB), and Belgian SNCB participated in a customer allocation cartel that concerned cross-border rail cargo transport services on key rail corridors in the EU, the Commission announced on Tuesday, April 20.
The three companies admitted their involvement in the cartel and agreed to settle the case, according to the statement.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
