European Union antitrust regulators have fined Lithuania’s state-owned railways almost €28 million (US$33 million) for breaching the bloc’s competition rules.
The European Commission, which polices competition, said Monday, October 2, that Lithuanian Railways had broken the rules by dismantling a section of track linking Lithuania to neighboring Latvia.
“It is unacceptable and unprecedented that a company dismantles a public rail infrastructure to protect itself from competition,” competition commissioner Margrethe Vestager said in a statement.
Full Content: Reuters
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