CMA consults on modified InterCity East Coast undertakings
皇冠体育app CMA is consulting on modified draft undertakings offered by Stagecoach in relation to the award of the InterCity East Coast rail franchise.
In February, the Competition and Markets Authority (CMA) announced that it would look in detail at undertakings offered by Stagecoach to address the competition concerns the CMA had identified earlier in the month. On 13 March 2015 the CMA issued a notice of consultation on the proposed undertakings.
In light of representations received in response to the consultation, the CMA considers that material modifications to the undertakings are required to provide a more effective and clear cut remedy to address the competition concerns identified.
皇冠体育app CMA has until 18 June 2015 to consider whether to accept the undertakings, and as part of this process is now consulting on whether the proposed modifications to the undertakings are sufficient to address the competition concerns.
皇冠体育app modified draft undertakings and all information relating to the investigation are available on the case page. 皇冠体育app deadline for responses to the consultation is 9 June 2015.