Brussels, 26/11/2008 (Agence Europe) - On Tuesday 25 November, the European Commission cleared the proposed acquisition of MÁV Cargo of Hungary by the Austrian company Rail Cargo Austria (RCA), both active in the provision of rail freight transport and freight forwarding services. The Commission's decision is conditional upon RCA's commitment to remove structural links and review contractual links to GySEV. In the initially notified transaction, GySEV was one of a consortium of buyers, led by RCA. The Commission felt, however, that its involvement in the acquisition presented a threat to competition given the company's cross-border freight transport activities between Austria and Hungary. The Commission made its approval conditional on the withdrawal of GySEV from the consortium, thereby strengthening GySEV as an independent player and a competitor of the new entity created by the merger. The parties to the transaction accepted this condition. After consulting the main market players, the Commission concluded that the commitments would effectively address possible problems. (C.D./transl.rt)