Stena AB and DFDS A/S
Author | : Great Britain: Competition Commission |
Publisher | : The Stationery Office |
Total Pages | : 148 |
Release | : 2012-10-09 |
ISBN-10 | : 011708154X |
ISBN-13 | : 9780117081543 |
Rating | : 4/5 (4X Downloads) |
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.