Examples of ICWC Services in a sentence
As to the ICWC Services and the ShOp element, in accordance with the CMA’s Rail Guidance, the CMA will treat the appropriate counterfactual as the award of the Franchise to a firm that raises no competition concerns.24 As discussed further below, there are plans to expand a number of rail services, such that the characteristics of some services (eg the frequency of some services) are likely to change in the future.
In addition, the CMA has also assessed the single overlap between the East Coast Trains open access rail service which is expected to commence on the London – Edinburgh route via the East Coast Mainline in 2021 and the ICWC Services on London – Edinburgh via the West Coast Mainline.
The CMA considers that this is consistent with the greater frequency of ICWC Services on this route relative to the frequency of TPE or Northern services, meaning that ICWC’s services are a stronger constraint on TPE’s services than vice-versa.
Based on the information provided by the Parties, the Commission considers that the operation of the ICWC Services for the period 8 December 2019-1 April 2026 constitutes a business with a market presence, capable of generating a turnover in light of paragraphs 24 et seq.
From 8 December 2019 until 1 April 2026, FTWCRL will operate the ICWC Services under terms similar to a traditional franchise arrangement.
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The Parties submitted that the Franchise Agreement makes clear that the Integrated Services, ie HSS and reconfigured ICWC Services in the IO Contract period, are an integral part of the Franchise and that therefore there is no scenario in which the HSS would be awarded to a different bidder to the ICWC Services.
The ICWC Services comprise long-distance intercity services between London, Birmingham, Manchester, Liverpool, North Wales, Glasgow and Edinburgh.
The Parties submitted that the relevant counterfactual therefore will not involve a situation with a greater degree of competition between the (reconfigured) ICWC Services and the HSS.
A TOC can also use dedicated fares to attract passengers to its services in competition with the dedicated fares offered by other TOCs. Consequently, the 44 The Parties submitted that they have joint responsibility for provision of the performance bond, season ticket bond and funding deed commitments for the first period of the Franchise, ie when the Franchise will operate the ICWC Services and perform its ShOp role.