A PYMNTS Company

Russia: Maersk first line to settle antitrust case

By  |  February 8, 2017

Maersk Line has agreed to pay $230,000 to settle a four-year competition case with Russia’s Federal Antimonopoly Service, which had accused the carrier of anti-competitive behaviour.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The carrier will also cease public price announcements in Russia.

    The FAS accused Maersk, along with CMA CGM, Hyundai Merchant Marine, OOCL and Evergreen, of using general rate increase announcements to coordinate surcharges on tradelanes between Russia and the Far East and South-east Asia.

    Full Content: The Load Star

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.