In 2013, Mexico’s Federal Economic Competition Commission (COFECE or Commission) started an investigation into alleged anti-competitive behaviour involving the car carrying industry. In October 2016, COFECE started official proceedings against the industry.
WWL AS has cooperate fully with COFECE throughout and in every aspect of the investigation.
COFECE has now announced its conclusion, naming and fining WWL AS and five other carriers. WWL AS was fined 4 million USD. The company accepts the COFECE conclusion and will pay the required fine.
WWL AS will continue to take the necessary steps to meet the highest ethical standards. The company is committed to honest and fair business practices and will continue to cooperate with authorities in good faith.
WWL AS has made a provision for the outcome of the investigation in 2016. Consequently, the fine will not have a profit and loss effect for 2017.
Anna Larsson, Corporate Communication
Tel: +47 484 06 919