• Thursday, March 28, 2024

Business

India To Probe Alleged Antitrust Behaviour By Maersk, DP World At Mumbai Port: Sources

In an order passed on November 9, the CCI said its preliminary probe found that Maersk and DP World had coordinated their efforts to prevent PSA from operating effectively at the Mumbai port, said two of the sources who have direct knowledge of the case (Photo: INDRANIL MUKHERJEE/AFP/Getty Images).

By: Radhakrishna N S

India’s antitrust regulator has ordered a probe into alleged anti-competitive practices by Denmark’s AP Moller-Maersk and Dubai’s DP World at the terminals they operate at the country’s largest container port in Mumbai, five sources familiar with the matter told Reuters. The decision by the Competition Commission of India (CCI) to investigate follows a complaint by Singapore’s PSA International Pte Ltd, which alleged that Maersk and DP World created entry barriers to hinder the growth of PSA’s terminal by colluding on certain charges they levy at the state-owned Jawaharlal Nehru Port Trust (JNPT). Handling 66 million tonnes of cargo in the…

You do not have access to this content. You need to subscribe.

Related Stories

Videos

Mrunal Thakur on Dhamaka, experience of working with Kartik Aaryan,…
Nushrratt Bharuccha on Chhorii, pressure of comparison with Lapachhapi, upcoming…
Abhimanyu Dassani on Meenakshi Sundareshwar, how his mom Bhagyashree reacted…