MTC ASSESSING PENALTY IMPOSED

BY INDECOPI To PeruRail

Transport Minister, Enrique Cornejo, said today that his office will review the penalty imposed by the companies Indecopi PeruRail, Rail Trans (Fetransa) and Peruval a serious violation of free competition. "I have been informed of this definition of Indecopi and it is in the framework of its judicial functions. Now what we will do is check the contents of the sanctions that have developed, "said the owner of MTC. As is known, the fine

imposed was 657.5 PeruRail Tax Units (UIT), equivalent to U.S. $ 800 thousand, while Peruval Fetransa and was also penalized. According to some experts, the review of ERM include the recommendation of the Association of Railway Operators (Apofer) for requesting the revocation of the concession granted to Fetransa.