Independent journal on economy and transport policy
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The Spanish Authority Antitrust approves of the acquisition of the company of Trasmediterránea navigation by Naviera Armas
The green light is conditioned to the respect of some engagements
May 24, 2018
The Spanish Authority Antitrust has approved of the acquisition of the company of Trasmediterránea navigation by Naviera Armas, also active it in the segment of the marine services of line ro-pax(on 26 October 2017), authorization to the transaction that but the Comisión Nacional de los Mercados y Competencia (CNMC) has conditioned to the respect by Naviera Armas of engagements introduced from the company that will afford to a third company, the military group of the homonymous German group, to operate on routes in which it is present Trasmediterránea.
The CNMC has explained that with the acquisition the company of Armas navigation will assume the competitive position of the Trasmediterránea in the field of the marine transport of line of rotabili and passengers in two markets, that of the connections between the Balearic islands and the Spanish peninsula and that of the connections in the archipelago of the Balearic ones, markets in which Naviera Armas it was not present, without to generate a substantial change in the competitive structure of these markets. The Antitrust has specified that, however, the operation for competition involves risks in the markets of line transport on three routes: that which connects the south of the peninsula with Melilla, the peninsula-Canaries route and the connections in the archipelago of the Canaries.
For this reason, in order to obtain the Armas approval it has had to introduce a series of engagements to the CNMC, engagements that presuppose that the company of navigation military group beginnings to operate services of marine transport for passengers and goods on the Motril-Melilla route and the Huelva-Canaries route, two routes on which currently navigate the ferries of the Armas.
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