Car Shippers Accused Of Running Cartel In 1st Private Suit

Law360, New York (May 28, 2013, 1:29 PM EDT) -- A group of maritime car shippers were sued Friday in Florida federal court by a putative class alleging the companies fixed prices on carrier services, the earliest known private action following raids of several shippers by U.S., European and Japanese antitrust authorities.

A proposed class of car buyers hit Wilh. Wilhelmsen ASA, Wallenius Wilhelmsen Logistics AS, Nippon Yusen KK, Kawasaki Kisen Kaisha Ltd. and EUKOR Car Carriers, among others, with an antitrust suit, claiming the shippers control more than 70 percent of the market for vehicle...
To view the full article, register now.