Prime Mover Magazine

Vehicle shipper charged with criminal cartel conduct: ACCC

Norwegian-based shipping company, Wallenius Wilhelmsen Ocean, has been charged with criminal cartel conduct following continuing investigations by the the Australian Competition and Consumer Commission (ACCC).

The charge is reported to relate to alleged cartel conduct concerning the international shipping of certain vehicles to Australia between June 2011 and July 2012.

The charge was laid by the Commonwealth Director of Public Prosecution (CDPP) in the NSW District Registry of the Federal Court. The matter has been set down by the Court for a first mention on 29 August 2019.

“This is the third prosecution involving an international shipping company engaging in alleged cartel conduct where criminal charges have been laid under the Competition and Consumer Act,” said ACCC Chair, Rod Sims.

The ACCC will not provide further comment as the matter is currently before the Court.

The ACCC investigates cartel conduct, manages the immunity process, takes proceedings in the Federal Court in respect of civil cartel contraventions, and refers serious cartel conduct to the Commonwealth Director of Public Prosecutions (CDPP) for consideration for prosecution.

The CDPP is responsible for prosecuting criminal cartel offences, in accordance with the Prosecution Policy of the Commonwealth.

This matter has been investigated and prosecuted in a number of other jurisdictions, including the US.

WWO is headquartered in Oslo with offices in Europe, Africa, Asia, the Americas, India, the Middle East, and Oceania (including Australia).

WWO was previously known as Wallenius Wilhelmsen Logistics.

These charges follow convictions against Nippon Yusen Kabushiki Kaisha (NYK), in August 2017 and Kawasaki Kisen Kaisha Ltd (K-Line) in August 2019 for cartel conduct in the same cartel WWO has allegedly participated in.

The ACCC explained that a cartel exists when businesses agree to act together instead of competing with each other. Cartel conduct can include price fixing, sharing markets, rigging bids and controlling the output or limiting the amount of goods and services.

Featured Article

  • Sprinting to stay up front

    Sprinting to stay up front

    Commanding around 40 per cent of the Australian heavy van market Mercedes-Benz takes big steps to ensure its domination with the new Sprinter range released in October.

    Read Story

  • advertisement
  • Click here to join the CRT network today
  • Keep up to date on the latest news and developments in the commercial road transport industry. Sign up to CRT News today to receive a FREE weekly E-newsletter delivered straight to your inbox.

  • advertisement

© Copyright 2020 Prime Creative Media. All rights reserved.

Find us on Google+