European Commission Slams Cargo Train Operators With 49 Million Euro Fine In Cartel Settlement
Posted 07/15/15
A View from Constantine Cannon’s London Office
By Yulia Tosheva and Richard Pike
The European Commission (“EC”) today imposed fines totalling 49,154,000 euros on Express Interfracht, part of the Austrian railway company Österreichische Bundesbahnen, and Schenker, a subsidiary of the leading German railway operator Deutsche Bahn, in a cartel settlement.
Express Interfracht and Schenker agreed to pay...