Freight rates are high because of normal free-market activity; Shipping Australia welcomes ACCC probe
Pictured: Australian Competition and Consumer Commission chairman Rod Sims. Mr Sims has announced in the media that the ACCC is carrying out a probe into the shipping industry. Photo credit: ACCC.
Shipping Australia notes that the Australian Competition and Consumer Commission will be investigating the current shipping environment.
“We welcome the investigation as it will show that the current issues are caused by normal market mechanisms and by bottlenecks in the supply chain,” said Shipping...
