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Federal Antimonopoly Service of Russia sentenced five container …

Federal Antimonopoly Service Of Russia Sentenced Five Container ...The Federal Antimonopoly Service of Russia sentenced Danish Maersk Line, French CMA CGM, Taiwanese Evergreen Marine, South Korean Hyundai Merchant Marine and Hong Kong s OOCL for violation of Federal Law On Protection of Competition . The shipping operators were accused for committing committing illegal concerted practices, which led to implementing freight rates surcharges for transportation of dry and refrigerating container on Far East, South East Asia, St Petersburg, Ust-Luga services in 2012-2013. The shipping companies will be sentenced with fine for the violation of the competitiveness of the market and cartel agreement.

Following the decision of Federal Antimonopoly Service of Russia, the companies violated Paragraph 1, Part 1, Article 11.1 of the Federal Law 07.26.2006, No 135-FZ for Protection of Competition. The investigation of the Russian authorities showed that the agents of the shipping lines, which present on the Russian market, were innocence to this agreement in the absence of violations of antitrust laws.

Commission s decision was based on the norms of the Russian legislation on prohibition of concerted practice that does not apply to the concerted practices of economic entities whose total share in the market does not exceed 20% and the share of each of them in the market does not exceed 8%, and other articles of the competition protection law , said Federal Antimonopoly Service of Russia. The Commission considers that the actions of the carriers and their agents in the Russian Federation that may entailed the infringement of the antitrust law in part of Storage Surcharge; Terminal Handling Charge in the ports of St Petersburg and Ust-Luga; Winter Surcharge, Electronic Notification Surcharge are subject to further probe and tasked Anti-Cartel Department of Federal Antimonopoly Service to investigate into these cases.

Earlier into the case for violation of Federal Law for Protection of Competition were sentenced the Swiss MSC and other small container operators. The amount of fine for each of the carriers was not revealed.

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