K Line cops car carrier cartel fine Down Under

Japan’s Kawasaki Kisen Kaisha (K Line) has pled guilty to criminal cartel conduct, the Australian Competition and Consumer Commision (ACCC) said today.

The plea is the second in Australia in relation to car carrying cartel behaviour spotted by the authorities. Nippon Yusen Kaisha (NYK) paid a fine last year after also pleading guilty.

The ACCC said today its investigation into other alleged cartel participants would continue.

Many car carrying firms have been hit by fines from many jurisdictions across the world in recent years over cartel activity.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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