The operation FirstGroup was the leading supplier of bus travel in the UK with four bus subsidiaries in Scotland. As at April 2004, it was also the operator of five passenger train operating companies. The Scottish rail franchise operated by ScotRail accounted for 95 per cent of railway services in Scotland. The franchise was due to end on 31 March 2004 and was extended to 17 October 2004. The new franchise was to be for at least seven years. FirstGroup was one of three shortlisted bidders for the Scottish rail franchise to be awarded by the Strategic Rail Authority (SRA). On 13 January 2004, the OFT referred the proposed acquisition by FirstGroup of the Scottish rail franchise to the Competition Commission for investigation. Towards the end of the investigation, FirstGroup was
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The UK Competition Authority clears subject to behavioral remedies an acquisition of a rail franchise by the leading supplier of bus travel (FirstGroup / ScotRail)
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