Czech Railways fined for breaching EU antitrust rules

The European Commission has fined the Czech rail carrier České dráhy and Austria's ÖBB a total of 48.7m euros (1.2bn CZK) for breaching EU antitrust rules, the Commission said in a press release today. It was found that ČD and ÖBB colluded to prevent a new entrant, the Czech company RegioJet, from accessing used wagons, thus restricting competition on the rail-passenger transport market. RegioJet has stated that it will apply for compensation for damages.