The Competition Commission of South Africa has referred car carrier company Kawasaki Kisen Kaisha Ltd for a prosecution to the Tribunal for colluding on a tender for transportation of Toyota vehicles. The Commission’s investigation found that from at least 2002 to 2013 K-Line, MOL, NYK and WWL colluded on a tender issued by Toyota South Africa Motors (TSAM) to transport Toyota vehicles abroad from South Africa by sea. It also found that K-Line, MOL, NYK and WWL agreed on the freight rates that they were to charge TSAM for the shipment of Toyota vehicles. MOL, NYK and WWL will cooperate with the Commission in prosecuting K-Line. “South Africa is a strategic hub for the trade of goods in and out of the Southern African region.

Source: The North Africa Journal March 06, 2017 15:55 UTC