Japan Fines Car Shippers $223M For Price-Fixing

Law360, Los Angeles (March 19, 2014, 4:25 PM EDT) -- The Japanese Fair Trade Commission on Tuesday ordered four vehicle shippers, including Nissan Motor Co. Ltd. subsidiary Nissan Motor Car Carrier Co. Ltd., to pay more than $223 million in fines for fixing prices for carrier services.

The JFTC said an investigation into Tokyo-based companies Nissan MCC, Nippon Yusen Kabushiki Kaisha, Kawasaki Kisen Kaisha Ltd. and Mitsui OSK Lines Ltd. and Norway's Wallenius Wilhelmsen Logistics AS revealed that they violated the Antimonopoly Act by fixing prices for vehicle shipping services between January 2008 and September 2012....
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