We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Freight Forwarders Face Global Pricing Probe

Law360 (October 10, 2007, 12:00 AM EDT) -- International freight forwarders have become the target of a raid by U.S. and European antitrust regulators who are looking into whether major players in the industry have engaged in price-fixing.

The European Commission confirmed Wednesday that it had initiated surprise investigations at the offices of many freight forwarding companies, and stated it has “reason to believe that the companies concerned may have violated EC Treaty rules that outlaw restrictive business practices.”

The companies that were raided include Swiss distribution and logistics firm Kuehne & Nagel, Swiss...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.