Russian authorities could launch proceedings against CMA CGM

Russian competition authorities (FAS) state that French carrier CMA CGM has not provided documentation demanded by a price-fixing investigation implicating a range of global container carriers. As such, FAS is considering administrative proceedings against the carrier.

Russia's competition authority The Federal Anti-Monopolgy Service (FAS) is considering launching proceedings against French container carrier CMA CGM in connection with so-called administrative violations, reports PortNews.

The move is the latest development in a case against 13 global container carriers, including CMA CGM, whom the Russian authorities suspect of illegally fixing prices, which prompted FAS to launch a case in December 2013. According to the authorities, CMA CGM have not delivered requested documents in connection with the case, which is in violation of a provision of the Russian protection law "On protection of competition."

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Business profile leaves Bunker Holding

Bunker Holding loses prominent board member, who is former partner and executive in private equity firm EQT and who furthermore leaves the board in Uni-Tankers. Two new members join the board.

Further reading

Related articles

Latest news

See all jobs