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,...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.