Plans for a collaborative alliance between port companies in the world's seventh-largest port, Hong Kong, now see the port's largest customer send a warning to the authorities who are currently assessing whether the alliance is in compliance.
The alliance consists of terminal operators Hongkong International Terminals, Modern Terminals, Cosco-Hit Terminals (Hong Kong) and Asia Container Terminals, which together own the largest share of the port. The concern is therefore that, with such a dominating position, the four operators could end up driving the conditions for customers in the port, thereby threatening competition.
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