by Jeff Smith
https://www.railwayage.com/regulatory/s ... -line-bid/
STB Rejects CN’s Springfield Line Bid
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The STB reported in its March 15 merger-approval decision that “under the pre-2001 merger policy, the Board will not impose conditions unless it finds, among other things, that the consolidation may produce effects harmful to the public interest and that the narrowly tailored conditions will mitigate or eliminate the harmful effects.” The STB also said it is “disinclined to impose conditions that would broadly restructure the competitive balance among railroads with unpredictable effects,” and “there is no indication that the merger will create harmful effects that would be remedied by the proposed divestiture of the Springfield Line.”
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Next stop, Willoughby
~el Jefe :: RAILROAD.NET Site Administrator/Co-Owner; Carman at Naugatuck Railroad
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~el Jefe :: RAILROAD.NET Site Administrator/Co-Owner; Carman at Naugatuck Railroad
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