Korea Fair Trade Commission probes container ‘sales cartel’

The Korea Fair Trade Commission has also launched an investigation into China International Marine Containers (CIMC), Shanghai Universal Logistics Equipment (also known as Dongfang International Container), Singamas and CXIC Group Containers for the same cartel-like behaviour alleged by the US Department of Justice (DoJ). Between 2019 and 2024, the four manufacturers, which produce 95% of the worl Read full article →