Judgment expected in Eurotunnel's MyFerryLink appeal

Judgment expected in Eurotunnel's MyFerryLink appeal

A judgment is expected this morning from the Court of Appeal over the future of Eurotunnel's MyFerryLink cross Channel ferry business.

The Channel Tunnel operator is challenging a ban on it operating between Dover and Calais on competition grounds.

The company was told in January that it must quit the cross-Channel ferry market following a ruling by the Competition Appeal Tribunal which upheld a banning order made by the Competition and Markets Authority.

MyFerryLink won permission by the Court of Appeal in February to contest the decision.

Eurotunnel bought three ships from defunct SeaFrance in 2012, with MyFerryLink operating up to 24 daily crossings on the Dover-Calais route in competition with P&O Ferries and DFDS.

Last June, the Competition and Market Authority said this meant it had more than half the market when its rail link was taken into consideration.

MyFerryLink’s revenues for the first quarter of 2015 amounted to €25.2 million, an increase of 37% year-on-year, “proof that the cross-Channel operator is a commercial and operational success,” Eurotunnel said last month.

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