Competition regulator probes new Hong Kong port alliance

A new alliance between several Chinese terminal operators in Hong Kong is now facing scrutiny by Hong Kong's Competition Commission. Shippers fear a monopoly.

Photo: AP Photo/Kin Cheung

Competition regulators in Hong Kong will now probe a new alliance announced between four major terminal operators. The new Hong Kong Seaport Alliance was launched this week.

The operators behind the new alliance are Hongkong International Terminals, Modern Terminals, Cosco-Hit Terminals (Hong Kong) and Asia Container Terminals.

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