Shipping lines facing antitrust proceedings

摘要

The European Commission has opened formal antitrust proceedings against 14 container shipping lines to investigate whether they have breached European competition rules through signalling their price intentions to each other. Brussels is to examine whether the shipping lines engaged in concerted practices, saying that since 2009 the companies have made regular public announcements of their price-increase intentions through statements on their websites and in the specialist trade press. The shipping lines are: China Shipping Container Lines, CMA CGM, Cosco Container Lines, Evergreen Line, Hapag-Lloyd, Hanjin Shipping, Hyundai Merchant Marine, Maersk Line, MOL, Mediterranean Shipping Co, OOCL, NYK Line, United Arab Shipping Co and Zim Line.