All competition articles
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ArticleRo-ro carrier faces fine for anti-competitive behaviour in South Africa
Norwegian ro-ro carrier Höegh Autoliners has been referred to South Africa’s Competition Tribunal for charges relating to collusive tendering, price-fixing and market division.The country’s Competition Commission, which referred the case, is seeking an order obliging the company to pay an administrative penalty equal to 10% of its annual turnover on ...
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ArticleWWL and Eukor settle with Brazil’s competition regulator
Wallenius Wilhelmsen Logistics (WWL) and sister company Eukor Car Carriers have agreed to pay fines totalling 28.6m reais ($8.8m) to Brazil’s competition regulator as settlement in a probe into alleged anti-competitive behaviour in the car-carrying industry.The news was released within the third quarter results announcement by holding company Wilh. Wilhelmsen ...
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ArticleEC hits truckmaker cartel with fines totalling nearly €3 billion
A group of four truck manufacturers has been hit with the highest ever cartel fine by the European Commission for fixing prices and consorting over the implementation timetable of new emissions standards.The EC said Volvo Trucks, Daimler, Paccar’s DAF and CNH Industrial’s Iveco had conspired with each other and with ...
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Article
Ocean Exchange launches sixth annual sustainability competition
The Ocean Exchange has announced the launch of its sixth annual global sustainability competition.The international advocate group, which seeks to promote sustainable environmental and economic shipping and logistics innovations, said the theme for this year’s event was ‘Translating sustainability into value’.The review panel will be looking for “scalable, sustainable and ...