Thursday, April 26, 2007

UPDATE 1-UK watchdog to probe train rolling stock leasing

(Reuters) - LONDON, April 26 - Britain's Office of Rail Regulation said on Thursday it was referring the leasing of train rolling stock for franchised passenger services to the Competition Commission for further investigation.

"ORR remains of the view that certain market features are limiting competition and have the potential to lead to higher prices and a poorer quality of service than would otherwise be the case in a more competitive environment," the ORR said.


Read more at Reuters.com Government Filings News

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