CSAV reaches compromise in price rigging case

FMC and Chilean CSAV have reached a compromise in a case about price rigging related to the transport of cars and other vehicles to and from the United States. The carrier will pay a fine of USD 625,000, says the FMC.

Chilean Compania Sud Americana de Vapores S.A. (CSAV) and the US Federal Maritime Commission, FMC, have reached a compromise in a case concerning price rigging on RoRo shipping, where CSAV has agreed to pay a fine of USD 625,000 to resolve the allegations of having violated the US Shipping Act.

Together with other carriers, CSAV is suspected of violating the Shipping Act by, among other things, failing to submit applications to the FMC regarding agreements to transport cars and other vehicles to and from the United States. According to the FMC, these arrangements have been in place for years.

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