Need a financial Coach? Call Today!
717.475.2298

The Asian companies could be not reached outside of office

Posted on by bherrlinger

others in talks to end EU antitrust probe

(Adds lawyer comments)

By canada goose clearance Foo Yun Chee

BRUSSELS, June 3 cheap canada goose uk (Reuters) canada goose store The world two biggest container shipping companies, AP Moeller Maersk and canada goose uk black friday Mediterranean Shipping Company, are seeking to end a European Union antitrust probe without paying Canada Goose Parka any fines, three people with knowledge of the case said on Tuesday.

The European Commission said Canada Goose sale in November last year that the companies and some of their rivals might have been illegally orchestrating price rises for Canada Goose Online European routes canada goose coats on sale since 2009 that were issued via press releases and on their Canada Goose online websites.

Supermarkets, chemical companies and other sectors are monitoring the case because they fear that public announcements about future prices and strategic plans canada goose clearance sale could inadvertently put them in the antitrust crossfire. Such practices are common in many industries.

The canada goose coats sources said that, in addition to the canada goose black friday sale Danish company Maersk and Switzerland based MSC, also the buy canada goose jacket world No. 3 CMA CGM, Taiwan Evergreen Marine, South Korean No. 2 Hyundai Merchant Marine canadian goose jacket and some Japanese canada goose uk outlet peers are also keen to put the case behind them.

companies are in preliminary discussions with the European Commission now, said one of the sources who declined to be named buy canada goose jacket cheap because there canada goose uk shop is no final decision yet.

The people said the companies could offer concessions to uk canada goose outlet allay competition concerns under the Commission commitment procedure which means no finding of infringement and https://www.thecanadagooseoutlet.com no fine.

Any concessions would be subjected cheap Canada Goose to feedback from third parties before the thecanadagooseoutlet.com Commission accepts them. The sources said it was possible a decision canada goose could come in October just before the end of European Competition Commissioner Joaquin Almunia mandate.

AP Moller Maersk spokesman and world No. 5 Hapag Lloyd declined to Canada Goose Coats On Sale comment. CMA CGM also declined to comment. Mediterranean Shipping Company (MSC) Canada Goose Outlet could not immediately be reached for comment. The Asian companies could be not reached outside of office hours.

Commission spokesman for competition Canada Goose Jackets policy, Antoine Colombani, declined to comment.

A commitment decision would not help companies that are uncertain about whether public price announcements are legal or not, Catriona Hatton, partner at law firm Baker Botts, said.

commitment would not be so much a landmark decision as it would not set a legal precedent and guide for the future. For the companies concerned, it would be preferable as it means time saved and no infringement finding, she said.

AP Moller Maersk, MSC, CMA CGM, Japan largest container shipping company Nippon Yusen Kaisha, Korean No. 1 Hanjin Shipping, Hyundaierchant Marine, Evergreen Marine and Hapag canada goose factory sale Lloyd confirmed the EU investigation last year.

Sources told Reuters that China Shipping Container Lines, COSCO, Mitsui OSK Lines, OOCL (Orient Overseas Container Line), United Arab Shipping Co and Israeli company ZIM Integrated Shipping Ltd are also in the EU uk canada goose probe. (Additional reporting by Ole Mikkelsen in Copenhagen, Jan Schwartz in Hamburg, Caroline Copley and Katharina Bart in Zurich and Gus Trompiz in Paris, editing by Louise Heavens and Jane Merriman).

About bherrlinger

Scarpe Nike Jake Arrieta Jersey Marcus Mariota Oregon Football Jerseys Nike Trainers UK Cheap Fjallraven Kanken Mini A.J. McCarron Alabama Football Jerseys Fjällräven Kånken Barn Fjallraven Kanken No.2 Goedkope Nike Air Max 90 View all posts by bherrlinger → This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *