News / Maersk first line to settle Russian anti-competition case sparked by 'illegal' GRIs

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Maersk Line has agreed to pay $230,000 to settle a four-year competition case with Russia’s Federal Antimonopoly Service (FAS), which had accused the carrier of anti-competitive behaviour.

The carrier will also cease public price announcements in Russia.

The FAS accused Maersk, along with CMA CGM, Hyundai Merchant Marine, OOCL and Evergreen, of using general rate increase announcements (GRIs) to coordinate surcharges on tradelanes between Russia and the Far East and South-east Asia.

Questioned by The Loadstar, CMA CGM would not comment on its own position, while a ...