Independent journal on economy and transport policy
07:27 GMT+1
This page has been automatically translated by Original news
Fine over 3.7 million euros of antitrust to Caronte & Tourist
For the AGCM, the company abused its dominant position in the transport of passengers by car by charging too expensive prices
April 12, 2022
The antitrust authority explained that the analysis of excessive onerosity was carried out by applying a test in two phases: the investigation has ascertained that the rates applied by C& T passengers with motor vehicles are disproportionate to the costs incurred (excessiveness) and this disproportion is unreasonable compared to the economic value of the service rendered (iniquity). For the assessment of excessiveness - has specified the AGCM - various tests have been used and all have provided unambiguous results: there is a significant disproportion between C&T's revenues and costs in offering ferrying of passengers with cars in tow.
The Italian Competition Authority, moreover, he specified that the prices were also unfair, i.e. unreasonably disproportionately disproportionate, compared to the comparison with international benchmarks, as C&T applies very high rates higher than operators active on routes comparable, which also offer much more services Evolved. For antitrust, the price differential with respect to the benchmark is therefore not justified by the quality level of the service offered: the C&T fleet is characterized by from a very high average age (27 years) and the service of ferrying is judged scarce by the majority of Users.
According to the antitrust authority, the competition offence is serious also considering the geographical area concerned, i.e. Strait of Messina; the economic power of C&T; the type of service provided, which is essential for the approximately 10 million of people who every year - habitually or only in the summer - they must cross the Strait of Messina with their own motor vehicle.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The antitrust authority explained that the analysis of excessive onerosity was carried out by applying a test in two phases: the investigation has ascertained that the rates applied by C& T passengers with motor vehicles are disproportionate to the costs incurred (excessiveness) and this disproportion is unreasonable compared to the economic value of the service rendered (iniquity). For the assessment of excessiveness - has specified the AGCM - various tests have been used and all have provided unambiguous results: there is a significant disproportion between C&T's revenues and costs in offering ferrying of passengers with cars in tow.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
