FMC Class Action Seeks Damages From Ocean Carriers for Ro-Ro Price Fixing
A group of car buyers recently filed a class action complaint (here) with the Federal Trade Commission seeking reparations from major ocean carriers for price fixing in the roll-on roll-off cargo market. The complaint, filed on behalf of “millions” of…
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consumers who purchased cars since 2000 and paid a vehicle carrier service charge, seeks double the amount of injury suffered by car buyers as a result of the alleged price fixing conspiracy. The complaint names Nippon Yusen, NYK Line, Mitsui, World Logistics Service, Hoegh, Nissan Motor Car Carriers, Kawasakia Kisen Kaisha, K Line, Wallenius Wilhelmsen Logistics, Eukore Car Carriers and Compania Sud Americana de Vapores as participants in the scheme. Several carriers, including CSAV and NYK Line, have already paid large fines to settle Justice Department conspiracy charges (see 14030617 and 1501050017).