A PYMNTS Company

India: Court refuses to stop Mumbai port probe

 |  December 19, 2018

An Indian court has declined to quash or stall an antitrust investigation into Dubai-based port operator DP World’s alleged anti-competitive behavior at the country’s largest container port in Mumbai, three sources told Reuters on Wednesday.

The Competition Commission of India (CCI) last month said it suspected antitrust violations by DP World and Denmark’s A.P. Moller-Maersk at the terminals they operate at state-owned Jawaharlal Nehru Port Trust (JNPT).

The CCI’s probe followed a complaint by Singapore’s PSA International Pte Ltd, which alleged that Maersk and DP World businesses created barriers to hinder the growth of PSA’s terminal by colluding on certain charges they levy at JNPT.

DP World’s unit Nhava Sheva International Container Terminal approached a High Court in Mumbai last week seeking to quash the CCI probe, which it said was “arbitrary” and “lead to gross discrimination and grave economic harm”.

Full Content: Reuters

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