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The EC’s competition commission has cleared the proposed merger of container shipping lines Hapag-Lloyd and CSAV, on condition that the Chilean line withdraws from two services it runs jointly with Mediterranean Shipping Co.

The EC said it had investigated the effect of the merger on 12 routes connecting Europe with the Americas, Asia and the Middle East and, on the whole, had found that it wouldn’t restrict competition or affect prices.

However, its approval is conditional on CSAV withdrawing from the Euroandes ...

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