The Australian Federal Court imposes a fine of $24 million on a Norwegian shipping company (WWO)

On 4 February 2021, the Federal Court of Australia imposed a fine of $24 million on Norwegian shipping company, Wallenius Wilhelmsen Ocean AS (WWO), for its involvement in a criminal cartel with a number of other shipping companies between 2009 and 2012. More specifically, the Federal Court found that WWO had intentionally given effect to a cartel provision

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  • Bird & Bird (Sydney)
  • Bird & Bird (Sydney)

Quotation

Thomas Jones, Tom Macken, The Australian Federal Court imposes a fine of $24 million on a Norwegian shipping company (WWO), 4 February 2021, e-Competitions Cooperation between National Competition Authorities, Art. N° 99424

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