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16 December 2019 The on-line newspaper devoted to the world of transports 03:54 GMT+1



November 29, 2017

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Original news
The South Korean antitrust imposes to Hamburg Süd to exit from the alliances with other companies for the Asia routes - Center/South America

The decision as a result of the acquisition of the German company by Maersk Line

The Korea Fair Trade Commission (FTC) has tax to the company of navigation Maersk Line of shipowning group Danish A.P. Møller-Mærsk to let out the German company Hamburg Süd from the alliances tightened with other companies of navigation to the routes relatively that connect Asia with the Latin America, decision that is assumed as a result of the acquisition by Maersk Line of the Hamburg Süd that is agreed at the end last year and that it is notified to the FTC 24th April(on 28 April 2017), concentration that second the South Korean authority antitrust would determine a distortion of the competition on such routes if the German company continued to in existence maintain the agreements which signed with other carriers.

The FTC has found that with the concentration between Maersk Line and Hamburg Süd it stops relatively to the routes that connect the Far East/Asia with Central America /Caraibi a market share pairs to 33.3%, quota that however would be pairs to 54.1% if they remained in vigor the agreements that tie Hamburg Süd to others relatively three companies of navigation to these services.

Moreover relatively to the routes that connect the Far East/Asia with the western coast of South America the market share of the concentration Maersk Line/Hamburg Süd turns out pairs to 37.6%, while it would go up in existence to 65.9% maintaining the agreements with other companies.

The South Korean authority, specifying that it is the first time that the FTC imposes corrective measures to the tightened horizontal agreements in the market of the containeizzato marine transport, has emphasized that the important market shares that Maersk Line and Hamburg Süd would stop in the within of the alliances with other companies they could determine a limitation of the competition on these routes and has therefore tax the escape of Hamburg Süd from the shipowning consortium that work on the routes between Far East/Asia and Central America /Caraibi and has prohibited the delay of the contract, that next March will expire, of the consortium that work on the routes between Far East/Asia and coast the west of South America.

Vincenzo Miele



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