Competition Commission Takes Shipping Lines To Tribunal

1 Hour(s) Ago    👁 20
competition commission takes shipping lines to tribunal

The Competition Commission has referred a price-fixing complaint against eight cargo shipping companies to the Competition Tribunal for prosecution.

The referral does not constitute a finding of wrongdoing, and the companies will be able to present their defences before the Tribunal.

In a statement issued on Tuesday, the Commission said it had completed an investigation into alleged collusion involving general rate increases GRIs on several South Africa-Asia and West Africa trade routes.

Disclaimer: We are a news aggregator. See full disclaimer here.