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CP mulls legal action to stop US anti-competitive railway action
THE Canadian Pacific Railway (CP) said it is considering legal action in response to recent behaviour by major US railroads, working to block CP's efforts to take over of the Norfolk Southern Corp (NS).
"It is unfortunate that CP must consider the use of litigation to ensure a level playing field and protect its rights," said a statement from the Canadian railway.
"But the company has concluded that the actions of those competitors should not be allowed to block the creation of a railroad that offers unparalleled customer service and competitive rates that will support the success of the shippers, the industries it serves and the broader economy," the statement said.
"It is unfortunate that CP must consider the use of litigation to ensure a level playing field and protect its rights," said a statement from the Canadian railway.
"But the company has concluded that the actions of those competitors should not be allowed to block the creation of a railroad that offers unparalleled customer service and competitive rates that will support the success of the shippers, the industries it serves and the broader economy," the statement said.
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