Wallenius Wilhemsen pleads guilty to cartel formation in Australia

Norway's Wallenius Wilhelmsen pleads guilty to participating in cartel operations in Australia, informs the country's competition and consumer commission. This case is just one out of several in a year-long process, which has led to fines in countries around the world and the EU.

by SØREN PICO

Norwegian car carrier Wallenius Wilhelmsen just plead guilty to cartel formation in Australia in a protracted case that has been investigated in countries around the world involving several car carriers.

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Car carriers hit with class action suit in cartel case
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Cartel case has cost car carriers at least a billion dollars
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Wallenius Wilhelmsen has set aside large sum for new cartel fines
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