NYK Line sentenced in first Australian criminal prosecution

Tom Webb

03 August 2017

NYK Line sentenced in first Australian criminal prosecution

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An Australian judge has ordered liner shipping company Nippon Yusen Kabushiki to pay A$25 million (€16.7 million) for its role in the roll-on roll-off automotive shipping cartel, which - despite a 50% cooperation discount - marks the country's second-highest antitrust fine to date.