11 logistics giants accused of price fixing

The Competition Commission of Singapore is currently investigating 11 logistics companies in the region - including DHL, K-Line Logistics, and MOL Logistics - for alleged cartel activities.

11 logistics companies and their subsidiaries in Singapore are now being investigated by the Competition Commission of Singapore (CCS). The CCS states on its website that the commission has launched an investigation of the companies due to suspicions of cartel activities. The companies include German DHL, Japanese K-Line Logisitcs, and MOL Logistics.

"CCS provisionally finds that the Parties have infringed section 34 of the Competition Act (Cap. 50B) (the “Act”) by collectively fixing certain fees and surcharges, and exchanging price and customer information in relation to the provision of air freight forwarding services for shipments from Japan to Singapore," says the authority on its website.

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