The European Commission has approved the proposed acquisition of Hungarian company, MAV Cargo, by the Austrian company Rail Cargo Austria (RCA), a subsidiary of the State-owned Austrian railway company OBB. Both companies are active in the provision of rail freight transport and freight forwarding services. The Commission was particularly concerned that the deal would lead to the merger of the two largest competitors for freight services on the Austrian and Hungarian markets. To remedy these concerns, RCA cut its ties with GySEV, a company owned by the Austrian and Hungarian States that operates its own railway and provides railway and freight services in Hungary and Austria. The Commission was satisfied that the commitments provided concerning GySEV would remedy any competition concerns through the creation of an independent player and a competitor to the new entity created by the merger.