Watchdog passes an injunction against K-Line, MOL and Nissan Motor Car Carrier Co.
The Competition Commission has imposed a total fine of over Rs 63 crore on three maritime transport companies – Kawasaki Kisan Kaisha Limited (K-Line), Mitsui OSK Lines Limited (MOL) and Nissan Motor Car Carrier Company (NMCC). in cartelization.
The watchdog passed an injunction against K-Line, MOL, NMCC and Nippon Yusen Kabushiki Kaisha for cartelization in relation to maritime automotive transportation services provided to automobile original equipment manufacturers for various trade routes. The regulator also directed them to stop and stay away from anti-competitive practices.
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