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Deutsche Bahn breakup sunk by Social Democrats

  • 23-06-2013 6:55pm
    #1
    Closed Accounts Posts: 611 ✭✭✭


    The Local
    An attempt to split up rail giant Deutsche Bahn will be sunk by German opposition politicians next week, the Handelsblatt said on Friday. European pressure to separate control of the rail network from the provision of services is mounting.

    Plans to regulate the train company have been in the works for three years and a vote is due in the Bundesrat, upper house of parliament next week. Deutsche Bahn, which is the world's second largest transport company, oversees the country's vast rail network as well as its day-to-day train provision.

    Critics say this leads to anti-competitiveness because in effect, private carriers must compete with and pay operating costs to the same company. ...


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