Uk To Investigate Car Carrier Cartel , Fingers Japan Big Three

The UK has concluded plans to pursue its own investigation into car carrier cartel behaviour, following on from other similar enquiries in Europe, the US, South Africa and Australia.

Japan’s big three lines, MOL, K Line, NYK, along with Wallenius Wilhelmsen, Eukor and CSAV stand accused of overcharging UK consumers and businesses over a 10-year period though to September 2015.

The claims have been filed to the UK’s Competition Appeal Tribunal under the terms of the Consumer Rights Act 2015.

The affected car brands include Ford, Volkswagan, Peugeot and Toyota according to local newspaper City AM.

Recall that five shipping companies who ran a cartel for importing cars to the UK will face a class action lawsuit.

MOL, “K” Line, NYK, WWL/EUKOR and CSAV are being sued for overcharging UK consumers and businesses.

The European Commission ruled in 2018 they had breached competition rules by coordinating rates and capacity.

Brussels imposed a €395m (£336m) fine and its investigation was one of many from around the world.