UK presses ahead with car carrier collusion case

The rolling car carrier cartel court craze has turned to the UK, where a class action lawsuit has been launched this week.

Car carriers have been hit by fines across the globe in recent years. Five firms – CSAV, K Line, MOL, NYK and Wallenius Wilhelmsen Logistics – were fined EUR395m ($446m) in 2018 by the European Commission, found guilty of rigging bids.

Based on this European verdict, London’s Competition Appeal Tribunal has given the green light to a class action to claim against the same five shipping companies.

Motorists who bought or leased a new car between October 2006 and September 2015 are automatically included in the claim, which is seeking damages worth around £150m ($203m).

Other car carrier investigations have taken place in South Africa, Australia, Asia and North America.

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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