Box lines offer to change pricing policy to appease EU antitrust probe

© Donvictorio

GRIs could become a thing of the past as the major container shipping lines try to settle EU antitrust concerns. Reuters has reported that 18 boxlines have agreed to publish binding rates a month before they go into effect, which would act as a price cap. The lines are under investigation for their pricing policies, which the European Commission claims could have been illegally orchestrated by announcing rate hikes on their website – and through the specialised media. The EC is soliciting ...