Logistics

Maersk company has violated merger rules and faces fine

Last year, a subsidiary of Maersk acquired an US company in a merger that was approved in the US but not reported to the Danish competition authority. Maersk calls it a ”regrettable mistake”.
It was Damco and Maersk themselves who contacted the authorities in Denmark in June last year when the companies realized that the merger required approval in Denmark as well. | Photo: Pr / Maersk
It was Damco and Maersk themselves who contacted the authorities in Denmark in June last year when the companies realized that the merger required approval in Denmark as well. | Photo: Pr / Maersk
by DANIEL LOGAN BERG-MUNCH

Maersk-owned logistics company Damco USA Inc. and its parent company may end up being fined for lack of merger control.

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