Shipping Giant Enters Guilty Plea for Running Criminal Cartel

  • Wallenius Wilhelmsen Ocean AS has entered a guilty plea in the Federal Court to the criminal cartel.
  • CDPP charged WWO with cartel conduct regarding the transportation of vehicles.
  • This plea means the last of the cases in the long-running shipping cartel matters is now closer to being resolved.
  • ACCC investigates cartel conduct, manages the immunity process, and takes it to court.
  • The CDPP is responsible for prosecuting criminal cartel offenses.
  • A cartel exists when businesses agree to act...

https://mfame.guru/shipping-giant-enters-guilty-plea-for-running-criminal-cartel/

K Line hit with record $23.5m fine in latest car carrier cartel probe

K Line has been handed a $23.5m (A$34.5m) fine by Australia’s Federal Court after being convicted of “criminal cartel conduct”, according to this report in Splash 24/7. The Japanese carrier was found guilty, together with other shipping lines, of fixing transport costs on buses, cars and trucks destined for Australia between 2009 and 2012. The penalty represents the largest criminal fine ever imposed under the country’s Competition and Consumer Act.

The post K Line hit with record $23.5m fine...

https://theloadstar.com/k-line-hit-with-record-23-5m-fine-in-latest-car-carrier-cartel-probe/

Australia fines K Line for cartel conduct

Japanese shipping firm Kawasaki Kisen Kaisha Ltd (K-Line) was convicted of criminal cartel conduct and ordered to pay a A$34.5 million ($23.50 million) fine by a federal court, Australia’s competition regulator said on Friday, August 2.

K-Line’s fine is the largest ever criminal penalty imposed under the Competition and Consumer Act, according to the Australian Competition and Consumer Commission (ACCC).

The company was found to have engaged in a cartel with other shipping companies in order to...

https://container-news.com/australia-fines-k-line-for-cartel-conduct/

K Line multado con USD 23.5 Mn por conducta de cártel en Australia

El tribunal determinó que K Line participó en un cartel con otras compañías navieras para fijar precios en el transporte de automóviles, camiones y autobuses a Australia entre 2009 y 2012, dijo la Comisión Australiana de Competencia y Consumidores (ACCC). Se dice que la multa de K Line de AUD 34.5...

https://fullavantenews.com/k-line-multado-con-usd-23-5-mn-por-conducta-de-cartel-en-australia/?lang=es