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Norwegian Wilhelmsen suspected of price fixing

The Japanese authorities suspect Wallenius Wilhelmsen Logistics of illegal price fixing related to car transports between Japan and Europe.

Photo: Presse

Norwegian Wallenius Wilhelmsen Logistics has received a draft cease and desist letter from the Japanese Fair Trade Commission (JFTC), which suspects the company of having participated in illegal in price arrangements related to car transports between Japan and Europe, says the company in a brief to the stock exchange.

Wilhelmsen now has a period of time to comment on the charges, which also include several other companies, who all together could face a fine of USD 33 million.

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