China’s top economic planning agency is investigating allegations of monopolistic practices by shipping lines that move vehicles, according to Bloomberg.
The National Development and Reform Commission probe involves several companies but focuses on Japan’s Mitsui OSK Lines, Kawasaki Kisen Kaisha and Nippon Yusen KK because they control the bulk of the Chinese market, according to one person familiar with the matter, who asked not to be identified because the investigation hasn’t been made public.
China’s move follows similar investigations by the European Union in 2013 and Japan’s Fair Trade Commission in 2012, along with lawsuits in Canada and the United States.
Full content: Bloomberg
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