Freight News

Brussels launches shipping price probe

[ November 22, 2013   //   ]

The European Commission has launched a formal investigation into several container liner shipping companies to investigate whether they have engaged in anti-competitive pratices. The Commission says that the companies have been making generally similar regular public announcements on price increases and the date of their implementation since 2009. The Commission said this practice may allow the companies to signal future price intentions to each other, and may harm competition and customers by raising prices on the market for container liner shipping transport services on routes to and from Europe.

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