Maersk to CMA CGM Probed by EU on Shipping-Price Signals
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AP Moller-Maersk A/S, owner of the world’s largest container shipping company, CMA CGM SA and MSC Mediterranean Shipping Co. are among 14 firms facing a European Union antitrust probe over suspicions they may have colluded by signaling price changes.
“Since 2009, these companies have been making regular public announcements of price increase intentions through press releases on their websites and in the specialized trade press,” the EU said in an e-mailed statement today. “These announcements are made several times a year and contain the amount of increase and the date of implementation, which is generally similar for all announcing companies.”