Norway's Wallenius Wilhelmsen Ocean charged in Australia
(Adds company reaction)
SYDNEY, Aug 23 (Reuters) - Norwegian shipping company
Wallenius Wilhelmsen Ocean AS (WWO) has been charged with
criminal cartel conduct, Australian Competition and Consumer
Commission (ACCC) said on Friday.
The ACCC said the charges relate to the shipping of vehicles
to Australia between June 2011 and July 2012.
Wallenius Wilhelmsen said it had been cooperating fully with
the investigation, and would continue to do so until the court
concludes the case.
"Whilst we regret that it has come to this, we are happy to
see this matter now proceeding formally," the company said in a
"This news does not trigger any change in Wallenius
Wilhelmsen provisions," it said.
ACCC Chair Rod Sims in an emailed statement noted that this
was the third prosecution involving an international shipping
company engaging in alleged cartel conduct where criminal
charges have been laid.
This month Japan's Kawasaki Kisen Kaisha was
convicted of working with other shipping companies to fix prices
on the transportation of cars, trucks, and buses to Australia
between 2009 and 2012.
Kawasaki Kisen Kaisha was fined A$34.5 million ($23.30
million) as a result.
In July 2016, Nippon Yusen Kabushiki Kaisha pleaded guilty
to criminal cartel conduct. The company was fined A$25 million.
($1 = 1.4806 Australian dollars)
(Reporting by Colin Packham; additional reporting by Terje
Solsvik in Oslo; editing by Richard Pullin and Jason Neely)
First Published: 2019-08-23 07:01:35
Updated 2019-08-23 08:29:01
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