Up to $1.5m fee for every Chinese-built box ship calling at a US port
Following its investigation into what it concluded was unfair Chinese state support of maritime supply ...
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Ten airfreight carriers accused of being in a price-fixing cartel are to have annulled fines totalling €776m ($833m) levied once more after the EC announced it had reimposed the penalties.
In November 2010, the commission found 11 carriers guilty of fixing fuel and security surcharges at both a bi-lateral and multi-lateral level for seven years, between 1999 and 2006.
A twelfth carrier, Lufthansa, brought the cartel to the commission’s attention and, under the 2006 Leniency Notice, received full immunity – as did its subsidiary Swiss ...
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