Reference : http://www.reuters.com/article/2013/12/05/us-eu-shipping-antitrust-idUSBRE9B40TQ20131205
December 12, 2013
EU antitrust shipping probe includes COSCO, Hanjin: sources
Korea's Hanjin Shipping and China's COSCO, seventh and fifth of the world market position each, are being investigated by European Union for allegedly inflencing prices to European routes. There are 14 container shipping compaines for this investigation. Lots of competitors including Korea's Hyundai Merchant Marine, Taiwan's Evergreen, and France's CMA CGM are now joining the probe group to seek the truth. If EU finds out the two companies actually tried to control the price for cargos to Europe, they will impose fine to both container shipping giants.
Reference : http://www.reuters.com/article/2013/12/05/us-eu-shipping-antitrust-idUSBRE9B40TQ20131205
Reference : http://www.reuters.com/article/2013/12/05/us-eu-shipping-antitrust-idUSBRE9B40TQ20131205
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