FMC approves Gemini Cooperation despite anti-competitive 'concerns'
The Federal Maritime Commission (FMC) has admitted to “questions and concerns” over whether the Maersk ...
UPS: GERMAN BOLT-ON DEALAAPL: PAY YOUR DUESWTC: LOST FOR WORDS DSV: STEADY DOES ITRXO: COYOTE EQUITY FUNDING 'UPSIZED'RXO: RIGHTS ISSUEGXO: DEFENSIVEMAERSK: MSC RIVALRY INTENSIFIESWTC: REMARKABLY STRONG BA: LABOUR DEALFDX: NEW PARTNERATSG: RIVAL IPODSV: 'AHEAD IN BIDDING FOR SCHENKER'DSV: UNLUCKY FRIDAYSMAERSK: WEAK AGAIN
UPS: GERMAN BOLT-ON DEALAAPL: PAY YOUR DUESWTC: LOST FOR WORDS DSV: STEADY DOES ITRXO: COYOTE EQUITY FUNDING 'UPSIZED'RXO: RIGHTS ISSUEGXO: DEFENSIVEMAERSK: MSC RIVALRY INTENSIFIESWTC: REMARKABLY STRONG BA: LABOUR DEALFDX: NEW PARTNERATSG: RIVAL IPODSV: 'AHEAD IN BIDDING FOR SCHENKER'DSV: UNLUCKY FRIDAYSMAERSK: WEAK AGAIN
Another day, another raid. This time in South Africa, where the competition commission is holding a “seize and search” operation at the domestic operations of Hamburg Sud, Maersk, Safmarine, MSC, Pacific International Line and CMA CGM. The authority claimed it had “reasonable grounds” to suspect the six of colluding to fix rates. Documents and data have been seized, although Maersk was quick to say that the raid does not mean that the line did engage in anti-competitive behaviour.
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