ACCC Approves ARTC Rail Access Undertaking

South Australian based Australian Rail Track Corporation Ltd (ARTC) has welcomed today’s announcement by the Australian Competition and Consumer Commission (ACCC) that the voluntary Access Undertaking it has given, for that part of the interstate rail network under its control, has been approved. ARTC Managing Director, David Marchant said, “The Access Undertaking represents a balanced, fair and clear foundation for rail access.”

“The Access Undertaking provides certainty and flexibility for those seeking access to the interstate rail network and will provide a foundation for national interstate rail access arrangements.”

“It is a significant step for a national access approach” “ARTC has undertaken to continue to reduce, in real terms, access prices for the inter-modal rail market that will greatly assist in attracting greater market share to rail in the highly competitive transport sector.”

“This is the first undertaking in rail to be approved by the ACCC and is amongst only a handful of voluntary undertakings under the Trade Practices Act generally.”

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