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.

BY KATRINE GRØNVALD RAUN

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.

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