Italian competition authority fines shipping line agents €4m in cartel case

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More news on the anti-trust front. Italy has fined a group of predominantly Genoa-based agents representing some of the world’s largest container shipping lines, who were found to be fixing prices for documentation such as issuing bills of lading. Maersk Italia was the whistleblower in this case and was granted immunity, while CMA CGM received the largest fine of nearly €1m.