WWL under investigation by competition authorities2012-09-07
On September 6, the Japan Fair Trade Commission commenced an inquiry at the Wallenius Wilhelmsen Logistics (WWL) offices in Tokyo as part of an investigation related to the Japan Anti Monopoly Act.
Subsequently, WWL has received requests for information from the European Commission, from US federal authorities and the Competition Bureau Canada.
WWL is fully co-operating with investigators and is working to respond to the requests for information.
The purpose of these requests is to ascertain whether there is evidence of any infringement of competition law related to possible price cooperation between carriers and allocation of customers. As a commercial carrier, the company fell within the scope of the competition authorities’ investigation. We have no further details about the nature of the investigation, but are willingly cooperating with the authorities.
Inspections and requests for information and subpoenas are a preliminary step in the competition authorities’ investigations. However, the fact that such inspections are carried out does not mean that the companies have engaged in anti-competitive behaviour nor does it prejudge the outcome of the investigation itself.
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