K-Line convicted of criminal cartel conduct (NNF 2019/192)

 

Japanese shipping company Kawasaki Kisen Kaisha Ltd (K-Line) has been convicted of criminal cartel conduct and ordered by the Federal Court to pay a fine of $34.5 million.

The Federal Court found K-Line engaged in a cartel with other shipping companies in order to fix prices on the transportation of cars, trucks, and buses to Australia between 2009 and 2012.

K-Line’s fine of $34.5 million is the largest ever criminal fine imposed under the Competition and Consumer Act.

To view the full ACCC Media Release click HERE.


Zoran Kostadinoski
Head of Border and Biosecurity
Regional Manager VIC |TAS|SA, CBFCA