Stena AB and DFDS A/S

Stena AB and DFDS A/S
Author :
Publisher : The Stationery Office
Total Pages : 148
Release :
ISBN-10 : 011708154X
ISBN-13 : 9780117081543
Rating : 4/5 (4X Downloads)

Book Synopsis Stena AB and DFDS A/S by : Great Britain: Competition Commission

Download or read book Stena AB and DFDS A/S written by Great Britain: Competition Commission and published by The Stationery Office. This book was released on 2012-10-09 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: On 8 February 2011, the Office of Fair Trading (OFT) referred the completed acquisition by Stena AB (Stena) of DFDS Seaways Irish Sea Ferries Limited and related assets from DFDS A/S (DFDS) to the Competition Commission (CC) for investigation and report by 25 July 2011. Stena AB (publ) is a private company registered in Sweden. Stena's Irish Sea operations include ownership of two ports in the UK (Holyhead and Stranraer). DFDS operates a sea-based freight and passenger transport network in Northern Europe. Until 2011, it ran four routes on the Irish Sea: from Heysham to Belfast or Dublin, and from Liverpool to Belfast or Dublin. As a result of the acquisition, Stena took over two of the routes that DFDS had been operating: Liverpool-Belfast, and Heysham-Belfast. Following the acquisition, DFDS closed the two other routes that it had been operating (Liverpool-Dublin and Heysham-Dublin). The Commission found that the acquisition did not lead to a substantial lessening of competition for freight services or in the provision of services to passengers.


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