Korea Fair Trade Commission probes container ‘sales cartel’

AI Summary

The Korea Fair Trade Commission has opened an investigation into alleged container sales cartel behavior involving major companies such as China International Marine Containers and Dongfang International Container, similar to allegations by the US Department of Justice. The probe targets anti-competitive practices in the container shipping industry.

The Korea Fair Trade Commission has also launched an investigation into China International Marine Containers (CIMC), Shanghai Universal Logistics Equipment (also known as Dongfang International Container), Singamas and CXIC Group Containers for the same cartel-like behaviour alleged by the US Department of Justice (DoJ). The post Korea Fair Trade Commission probes container ‘sales cartel’ appeared first on The Loadstar.