Shippers Push Back Against Automakers' Cartel Lawsuit
Law360, London (April 7, 2021, 4:17 PM BST) -- Some of the world's largest container companies have denied in court that they owe automakers compensation for allegedly fixing shipping prices as part of a cartel that was fined €395 million ($470 million) by European regulators.
Carmakers including Porsche are seeking damages at the High Court over claims that container companies conspired to set maritime shipping fees. (AP Photo/Matthias Schrader) Lawyers for companies including Japanese carrier MOL, Japan's K-Line, Wallenius Wilhelmsen of Norway and their subsidiaries have hit back against a claim by automakers. Names including Audi and Porsche are seeking damages over claims the container companies conspired to set maritime shipping fees,...
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