Wallenius Wilhelmsen Charged with Criminal Cartel Conduct in Australia

Wallenius Wilhelmsen ship

Wallenius Wilhelmsen Charged with Criminal Cartel Conduct in Australia

Reuters

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August 23, 2019

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SYDNEY, Aug 23 (Reuters)– Norwegian delivering firm Wallenius Wilhelmsen Ocean AS (WWO) has actually been billed with criminal cartel conduct, Australian Competition as well as Consumer Commission (ACCC) stated onFriday

The ACCC stated the costs associate with the delivery of automobiles to Australia in between June 2011 as well as July 2012.

Wallenius Wilhelmsen stated it had actually been working together totally with the examination, as well as would certainly remain to do so up until the court wraps up the instance.

“Whilst we regret that it has come to this, we are happy to see this matter now proceeding formally,” the firm stated in a declaration.

“This news does not trigger any change in Wallenius Wilhelmsen provisions,” it stated.

ACCC Chair Rod Sims in an emailed declaration kept in mind that this was the 3rd prosecution entailing a worldwide delivery firm participating in affirmed cartel conduct where criminal costs have actually been laid.

This month Japan’s Kawasaki Kisen Kaisha was founded guilty of collaborating with various other delivery firms to set price on the transport of vehicles, vehicles, as well as buses to Australia in between 2009 as well as 2012.

Kawasaki Kisen Kaisha was fined A$ 34.5 million ($ 23.30 million) therefore.

In July 2016, Nippon Yusen Kabushiki Kaisha begged guilty to criminal cartel conduct. The firm was fined A$ 25 million.

($ 1 = 1.4806 Australian bucks) (Reporting by Colin Packham; added coverage by Terje Solsvik in Oslo; modifying by Richard Pullin as well as Jason Neely)

( c) Copyright Thomson Reuters 2019.

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