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The fourth railway package is a set of changes to
rail transport Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prep ...
regulation in the
European Union law European Union law is a system of rules operating within the member states of the European Union (EU). Since the founding of the European Coal and Steel Community following World War II, the EU has developed the aim to "promote peace, its valu ...
. It covers standards and authorisation for rolling stock; workforce skills; independent management of infrastructure; and the liberalisation of domestic passenger services in an attempt to reduce European rail subsidies.


Background

The fourth railway package attempts to reform railways companies (whether private or public) that are able to raise prices if they dominate both tracks and the trains. Because of scepticism in most countries about the value of liberalisation, the package permits tracks and trains to be owned by a single holding company. The "compliance verification clause" could allow regulators to place sanctions on parts of a vertically integrated rail business which place obstacles in the way of competitors trying to provide services on their network; this would improve competition. Responsibility for authorising rolling stock to use a network would be shifted away from network owners and towards the
European Railway Agency The European Union Agency for Railways (ERA) is an agency of the European Union (EU) that sets mandatory requirements for European railways and manufacturers in the form of Technical Specifications for Interoperability (TSI), which apply to the ...
. This is expected to be faster and cheaper. In 2015, the technical and political pillars of the package were accepted by EU transport ministers and currently the European Commission, Parliament and Council are negotiating to reach an agreement on the text of the regulations. The technical pillar of the fourth railway package has been adopted by the
European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body ...
and approved by the
European Parliament The European Parliament (EP) is one of the Legislature, legislative bodies of the European Union and one of its seven Institutions of the European Union, institutions. Together with the Council of the European Union (known as the Council and in ...
in April 2016.


Legislation

*Regulation (EU) 2016/796 of the European Parliament and of the Council of 11 May 2016 on the European Union Agency for Railways and repealing Regulation (EC) No 881/2004 *Directive (EU) 2016/797 of the European Parliament and of the Council of 11 May 2016 on the interoperability of the rail system within the European Union *Directive (EU) 2016/798 of the European Parliament and of the Council of 11 May 2016 on railway safety *Regulation (EU) 2016/2337 of the European Parliament and of the Council of 14 December 2016 repealing Regulation (EEC) No 1192/69 of the Council on common rules for the normalisation of the accounts of railway undertakings *Regulation (EU) 2016/2338 of the European Parliament and of the Council of 14 December 2016 amending Regulation (EC) No 1370/2007 concerning the opening of the market for domestic passenger transport services by rail *Directive (EU) 2016/2370 of the European Parliament and of the Council of 14 December 2016 amending Directive 2012/34/EU as regards the opening of the market for domestic passenger transport services by rail and the governance of the railway infrastructure


See also

*
UK enterprise law United Kingdom enterprise law concerns the ownership and regulation of organisations producing goods and services in the UK, European and international economy. Private enterprises are usually incorporated under the Companies Act 2006, regulated ...
*
ERTMS The European Rail Traffic Management System (ERTMS) is the system of standards for management and interoperation of signalling for railways by the European Union (EU). It is conducted by the European Union Agency for Railways (ERA) and is the o ...
- A pan-European signalling system being promoted by the EU. *
Single European Railway Directive 2012 The Single European Railway Directive 2012''2012/34/EUis an EU Directive that regulates railway networks in European Union law. This recast the "First Railway Directive" or "Package" from 1991, and allows open access operations on railway lines ...
(or the First Railway Package) *
European Railway Agency The European Union Agency for Railways (ERA) is an agency of the European Union (EU) that sets mandatory requirements for European railways and manufacturers in the form of Technical Specifications for Interoperability (TSI), which apply to the ...
*
Rail transport in Europe Rail transport in Europe is characterized by its diversity, both technical and infrastructural. Electrified railway networks operate at a plethora of different voltages AC and DC varying from 750 to 25,000 volts, and signaling systems vary from ...
*
Second railway package The Second Railway Package is a group of European Union legislation which promote common standards and open access, working towards an integrated European railway area. History For much of the 20th century, rail transport in Europe was dominate ...
* Third railway package


Notes

{{reflist Transport and the European Union Rail transport in Europe European Union regulations 2013 in law 2013 in rail transport International rail transport Railway04