has told a Channel Islands news provider that it has no intention of increasing prices on its ferry crossings to France from Jersey and Guernsey.
The operator's comments were made in response to concerns that it would be free to charge more for its services after its rival HD Ferries officially pulled out of the market last month.
A spokesperson for Condor Ferries
told Channel Television that the company has no intention of exploiting customers through its new monopoly and will not be making any changes to its fare structure.
Chuck Webb of the Jersey Competition Regulatory Authority told the news provider that, should Condor Ferries
begin exploiting its position, the watchdog will rely on customer complaints to bring attention to the issue.
"If the complaints raise a reasonable cause to suspect an infringement of the law we can investigate it and take a potential enforcement action," he added.
While Condor Ferries
is now the only operator providing ferry crossings to France from the Channel Islands, it still faces competition from Brittany Ferries
in the cross channel ferry market between England and north-west France.Brittany Ferries
sails from Plymouth to Roscoff, from Portsmouth to St Malo and from Poole to Cherbourg.