Box lines in legal battle with South Korea’s antitrust body over fines
More than 20 liner operators look set for a protracted legal battle with the Korea ...
One of the more interesting questions for liner shipping observers has been whether the series of general rate increases announced by carriers on the Asia-Europe trades constitute “signalling” – whereby carriers’ public announcement of rates is felt to lead to coordination among providers. This Drewry piece outlines the concerns of the European Shipper Council and actions open to the European Commission, although ultimately concludes that the terrible losses being incurred by so many carriers probably proves that lines are innocent of cartel behaviour.
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Alex Lennane
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Alessandro Pasetti
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