Caronte&Tourist fined by the antitrust authority in Italy for abuse of dominant position on the Strait of Messina

By | 2022 Newletter week 16 | No Comments

The Italian antitrust authority sanctioned ferry company Caronte&Tourist with a fine valued EUR 3.7 million for abuse of dominant position on the maritime links in the Strait of Messina.

Last year,Italy’s Autorità Garante della Concorrenza e del Mercato launched an investigation in order to ascertain whether the Messina-based company took an irregular advantage from a dominant position in the maritime transport of passengers with accompanying wheeled vehicles and commercial vehicles with driver.

Analysis carried out by the Authority revealed, in particular, that Caronte&Tourist applied prices which are significantly higher than those charged by other operators, moreover not parameterized with respect to the costs that would be expected in the performance of the service. Moreover, these prices appeared to be particularly discriminatory towards passengers with car travelling alone.

Grimaldi Asks Italian Authorities to Stop Paying Public Subsidies to Tirrenia CIN

By | 2019 Newsletter week 26 | No Comments

Italy’s financial newspaper MF-MilanoFinanza revealed that, earlier this month, Grimaldi Group sent a petition to the local Transport Minister, the Antitrust Authority and the Court of Audit, asking for an early termination of the subsidies (EUR 72 million per year) paid to CIN Tirrenia by the Italian State.

This subsidy supports lifeline maritime transportation with Sardinia, Sicily and Tremiti Islands.

Grimaldi stated that the public subsidies should be stopped due to breach of the public contract following the case sentenced by the Italian Competition Authority for alleged abuse of dominant position in the freight business in Sardinia and the alleged deferred payments under the CIN-Tirrenia purchase agreement.

Onorato Armatori later replied that Grimaldi’s petition is based on “false information”.