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Nippon Yusen, Wilhelmsen Raided by Antitrust Regulator

Japan’s antitrust regulator raided the offices of five shipping lines, including Nippon Yusen K.K. and Wilh. Wilhelmsen ASA, that control about 70 percent of the global market for carrying cars.

Wallenius Wilhelmsen Logistics, a unit of Wilhelmsen, is being investigated in Japan for a possible breach of an anti-monopoly act that involves price fixing, Benedicte Gude, a Lysaker, Norway-based spokeswoman for the company, said in a phone interview today. Nippon Yusen, Mitsui O.S.K. Lines Ltd., Kawasaki Kisen Kaisha Ltd. and Eukor Car Carriers Inc. also said their offices were searched.