Cartel behaviour in shipping was believed to have impacted the price paid for cars in Australia © Getty Images
Cartel behaviour in shipping was believed to have impacted the price paid for cars in Australia © Getty Images

Shipping firm fined $24m for car transport cartel

8 February 2021

Australia’s Federal Court has fined Wallenius Wilhelmsen Ocean (WWO) $24m for its part in a criminal cartel of shipping companies.

WWO was convicted of cartel conduct following an investigation into shipping companies transporting vehicles to Australia by the Australian Competition and Consumer Commission (ACCC).

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