Stagecoach/Virgin consortium given chance to resolve limited competition concerns arising from the East Coast rail franchise award* ICRL, a subsidiary jointly owned by Stagecoach and Virgin Trains, has the chance to avoid an in-depth merger investigation into its successful bid to run the East Coast rail franchise, if it can offer an acceptable solution to address competition concerns. he Competition and Markets Authority (CMA) reviewed whether competition concerns could arise given the coach and rail services already operated by Stagecoach Group plc (Stagecoach). The CMA found that the franchise award did not raise significant concerns in most areas, but could potentially reduce
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The UK Competition and Markets Authority spurs an undertaking specialized in rail services to offer merger remedies in order to resolve competition concerns and to avoid an in-depth merger investigation (ICRL)
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