Eurotunnel has said it is not surprised at the Competition Commission report and has confirmed it will challenge its findings.
The provisional findings conclude that the addition of the new operator, MyFerryLink, would be detrimental to competition and could lead to an increase in prices.
In a statement on its website, Eurotunnel says that it considers that the acquisition of the ex SeaFrance ships, nine months after it ceased all operations, and the creation of MyFerryLink, constitutes an increase in competition and brings additional choice
Eurotunnel intends to continue to work with the Competition Commission to allay the concerns raised by existing ferry operators and to demonstrate that the creation of MyFerryLink is a good thing for the market as it is both procustomer and pro-competition.
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A damp and cold night ahead. Valentine's Day will start cloudy but become brighter in the afternoon. Risk of showers along the Kent coast.
Cold and damp tonight with outbreaks of rain. A cold and dull start to Valentine's Day but becoming drier and brighter by the afternoon.
Rain turning more patchy this afternoon but more persistent along the coast. Feeling cold in the brisk north-easterly wind.