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News / EC clears CMA CGM bid to buy APL, but it must withdraw carrier from G6 alliance

CMA CGM Christoph Colomb
© VanderWolf Images
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The European Commission’s competition directorate has cleared CMA CGM’s acquisition of Singapore line APL and its parent company, NOL – with the proviso that it withdraws APL from the G6 alliance.

Competition commissioner Margrethe Vestager said: “Container liner shipping plays a central role in global trade, so ...

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