Independent journal on economy and transport policy
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Chinese NDRC fine eight companies of navigation for violation of the norms antitrust
Inflicted endorsements for a total of about 57 million euros
December 28, 2015
The Chinese National Development and Reform Commission (NDRC) has comminato fines for a total of about 407 million yuan (57 million euros) to eight shipowning societies that operate services of marine transport of new motor vehicles of factory and machinery between China and Europe. Draft of the Japanese companies Eastern Car Liner, Kawasaki Kisen Kaisha ("K" Linens), Nippon Yusen Kaisha (NYK) and Mitsui O.S.K. Lines (MOL), of the Eukor Car Carriers South Korean, the Norwegian Wallenius Wilhelmsen Logistics (WWL), of the Compañía Chilean American South de Vapores (CSAV) and of a its branch.
After a year of investigations the Chinese commission for the economic and social development has reached the conclusion that the representatives of these societies of navigation have repeatedly had contacts in order to exchange sensitive information, to agree business strategies and in order to discuss about the rates and the respective offers the customers, activities that violate the norms Chinese antitrusts.
In consideration of the collaboration supplied in the course of the investigations to group NYK some endorsement is not inflicted. Moreover for the same reason the amount of the fines is reduced to the compatriots "K" Line and MOL, that they will have to pour respective 23,98 million and 38,12 million yuan. The Easter Car Liner will have to pay 11,27 million yuan., the WWL 45,06 million yuan, the CSAV and its branch respective 3,08 million and 1,19 million yuan. The elevated endorsement more is that regarding the Eukor, that it piles to 284,7 million yuan. Eukor, as the other companies, has announced that chip ax the decision of the NDRC and has manifested also it engagement to respect the norms to it antitrust: "draft - the managing director of the South Korean company has declared, Craig Jasienski - of a deplorable and disagreeable situation. We - it has added - are supporters of a loyal competition and opened and in our activities we must respect the norms in vigor". Jasienski has emphasized that the company "will go to any length in order to avoid analogous situations in future".
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The Chinese National Development and Reform Commission (NDRC) has comminato fines for a total of about 407 million yuan (57 million euros) to eight shipowning societies that operate services of marine transport of new motor vehicles of factory and machinery between China and Europe. Draft of the Japanese companies Eastern Car Liner, Kawasaki Kisen Kaisha ("K" Linens), Nippon Yusen Kaisha (NYK) and Mitsui O.S.K. Lines (MOL), of the Eukor Car Carriers South Korean, the Norwegian Wallenius Wilhelmsen Logistics (WWL), of the Compañía Chilean American South de Vapores (CSAV) and of a its branch.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
