Isle of Man ferry company, The Steam Packet, says it could have a negative impact on the island's economy.

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Across the water from the pier, where commuters stepped onto the morning ferry, smoke and steam still emanated from the altered Manhattan skyline.

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The Office of Fair Trading (OFT) said a recent price war between two ferry operators coupled with a change of ownership for the Steam Packet company meant the report was no longer relevant.

BBC: 'Astonishment' after ferry inquiry dropped