A PYMNTS Company

Australia: Norway’s Wallenius Wilhelmsen Ocean charged with cartel activities

By  |  August 25, 2019

Norwegian shipping company Wallenius Wilhelmsen Ocean AS (WWO) has been charged with criminal cartel conduct, reported Reuters on Friday, August 23. 

    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 Australian Competition and Consumer Commission (ACCC) stated the charges relate to the shipping of vehicles to Australia between June 2011 and July 2012.

    Wallenius Wilhelmsen stated it had been cooperating fully with the investigation, and would continue to do so until the court concludes the case.

    “Whilst we regret that it has come to this, we are happy to see this matter now proceeding formally,” the company said in a statement.

    Full Content: Reuters

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