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Singapore: DHL post service expecting immunity in price-fixing shutdown

 |  April 17, 2014

DHL package delivery service, owned by Deutsche Post, is reportedly expecting immunity from sanctions in Singapore’s price-fixing probe, a case that is cracking down on 11 companies for anticompetitive allegations.

The Competition Commission of Singapore first announced earlier this month it is investigating the companies for claims of a price-fixing cartel; Deutsche Post confirmed to reporters that the case involved accusations of collusion between 2002 and 2007.

But the German company said it plans to quality for the CCS’s leniency program to avoid sanctions, though reports did not confirm whether DHL was first to confront Singapore regulators with evidence of the price-fixing.

Full Content: The Business Times

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