LONDON, June 27 Britain's competition regulator
said a ban on Groupe Eurotunnel, the operator of the
undersea rail link between Britain and France, from operating a
cross-channel ferry service should remain, confirming a decision
it made in May.
Groupe Eurotunnel operator started to operate services on
the Dover-Calais crossing in 2012 under the MyFerryLink brand
when it acquired three ferries from the now-defunct SeaFrance.
"Eurotunnel will be given six months to stop running
services from the date of an order to that effect. It could also
find another owner for the MyFerryLink business, if that made
MyFerryLink completely independent of Eurotunnel," the
Competition and Markets Authority said on Friday.
The regulator repeated its justification that with two of
the operators on the ferry route running at a loss, the current
level of competition was not sustainable and could lead to the
exit of a competitor.
Danish ferry operator DFDS, which operate ferries
on the route, said it was losing between 8-10 million Danish
crowns ($1.47-$1.84 million) a month as a result of MyFerryLink.
(Reporting by Sarah Young; editing by Kate Holton)