Norway Shipper Settles With Daimler In Price-Fixing Suit

Law360, London (September 15, 2020, 4:35 PM BST) -- Daimler has settled its claim accusing global shipping company Wallenius Wilhelmsen ASA of participating in a plot to fix the price of vehicle cargo services, a conspiracy the automaker said has cost it $187 million in damages.

High Court Judge Simon Bryan discontinued Daimler AG's suit against Norway's Wallenius as the two sides have settled, according to a consent order dated Sept. 7.

The terms of the arrangement were not disclosed in the document. Representatives for Daimler and Wallenius did not immediately respond to requests for comment Tuesday.

The German automotive group, which produces Mercedes-Benz vehicles, has dragged a group of...

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