IN what has been described as a victory for container lines, the Seoul High Court on February 1 overturned a fine imposed by the Korea Fair Trade Commission (KFTC) on Evergreen Marine Corporation for freight-fixing. The Taiwanese mainline operator was one of 23 box lines that KFTC fined a total of US$81 million in January 2022, for fixing South Korea-Southeast Asia freight rates, reports Greece’s Container News. KFTC began investigating in July 2018, after receiving complaints from timber...
https://www.seanews.com.tr/evergreen-wrongfully-fined-for-freight-fixing-seoul-court-rules/199557/