Maersk Line CEO pays a visit to China’s antitrust authorities

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Not to be caught out by Chinese competition authorities twice, Maersk’s CEO has gone to meet and “update” China’s commerce department over its attempt to enter a vessel-sharing alliance with MSC. Soren Skou met the director of the anti-monopoly bureau, even though the new agreement only needs to be filed with the transport ministry. The pair apparently discussed the ban on the previous alliance, the new pact and monopoly issues, before the CEO went on to visit the vice minister for transport. The 2M pact is awaiting approval from the US – although, says Maersk, it’s a “formality”.