NYK and “K” Line fined for international conspiracy to reduce competition in vehicle shipping services to Canada

News Competition English Sanctions & Fines

Date: 17th Aug, 2023 Source: Competition Bureau Country: Canada Original Source

Brief

Summary:

Japanese shipping companies Nippon Yusen Kabushiki Kaisha (NYK) and Kawasaki Kisen Kaisha, Ltd. ("K"" Line) have been fined by the Ontario Superior Court for their involvement in an international conspiracy to reduce competition in vehicle shipping services to Canada. NYK was fined $1.5 million and ""K"" Line was fined $460

NYK and “K” Line fined for international conspiracy to reduce competition in vehicle shipping services to Canada August 17, 2023 – GATINEAU, QC – Competition Bureau August 17, 2023 – GATINEAU, QC – Competition Bureau Japanese shipping companies Nippon Yusen Kabushiki Kaisha (NYK) and Kawasaki Kisen Kaisha, Ltd. (“K” Line) were respectively fined $1.5 million

This content is restricted.

Highlights content goes here...

This content is restricted.

Competition Bureau

RADA.AI

Hello! I'm RADA.AI - Regulatory Analysis and Decision Assistance. Your Intelligent guide for compliance and decision-making. How can i assist you today?

Suggested

NYK and “K” Line fined for international conspiracy to reduce competition in vehicle shipping services to Canada

Brief

Competition Bureau

Form successfully submitted. One of our GRI rep will contact you shortly

Thanking You!

Enter your Email

Verify Email

Tell us more about yourself

Select your work area

Select your country

All set.

NYK and “K” Line fined for international conspiracy to reduce competition in vehicle shipping services to Canada

Brief

Competition Bureau

Form successfully submitted. One of our GRI rep will contact you shortly

Thanking You!

Enter your Email

Verify OTP

Enter your Email

Verify Email

Tell us more about yourself

Select your work area

Select your country

All set.