Bloc Proposes Curbing Cargo Transport Company Collusion

Capt. John
Credit: Agencies

Bloc unveils plan to end cargo shipping companies’ collusion, writes Earle Gale for China Daily.

Cost of imported goods

Cargo shipping companies have said the cost of imported goods could rise in the European Union because of a change the bloc is making to its rules for the industry.

The EU’s antitrust regulators said this week the bloc will no longer exempt cargo shipping companies from its rules prohibiting anti-competitive agreements. The exemption — in place since 1986 — had...

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