All price-fixing articles
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FeatureMexico fines seven shipping lines over price-fixing
Mexico’s Federal Economic Competition Commission (Cofece) has issued seven ro-ro carriers with fines totalling 581.6m pesos ($32.4m), saying they acted as a cartel to increase prices.The companies involved are K-Line and K-Line Americas, Mitsui OSK Lines, Mitsui OSK Bulk and NYK Line from Japan, Chile’s CSAV, and Wallenius Wilhelmsen Logistics ...
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FeatureWWL 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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FeatureWWL pays out nearly $100m over price-fixing
Wallenius Wilhelmsen Logistics (WWL) has become the fourth car carrier confirmed to have been fined by the US Department of Justice (DoJ) in relation to price-fixing on international ro-ro services between 2000 and 2009, following an investigation that began in 2012.The Norwegian ocean services provider has agreed to plead guilty ...