Prices For Ocean Shipping Being Manipulated: Suit

Law360, New York (June 26, 2008, 12:00 AM EDT) -- Maui Tropic Soaps has filed a proposed class action against Matson Navigation Co. and its parent company, alleging that the shipping companies are manipulating the market for the transportation of goods by water between Hawaii and the U.S. mainland.

In the lawsuit filed Tuesday in the U.S. District Court for the District of Hawaii, Maui Tropic Soaps asked the court for damages and injunctive relief that would stop Matson and parent company Alexander & Baldwin Inc. from engaging in the alleged anti-competitive behavior.

Maui Tropic Soaps,...
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