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24 March 2019 The on-line newspaper devoted to the world of transports 19:03 GMT+1

July 5, 2018

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The REGIONAL ADMINISTRATIVE COURT of the Latium comes to an agreement the suspension of the fine of 29,2 million euros inflicted Moby and CIN

New fixed audience on May 22, 2019

The Regional administrative court for the Latium, waiting for to deepen the issue in the next phase of merit that will be started on May 22, 2019, has come to an agreement the suspension of the fine of 29,2 million euros that recently the Guarantor Authority of the Competition and Market (AGCM) has inflicted to the company of Moby navigation and the Italian Company of Navigation (CIN) of the group Honored Shipping for misused dominant position(on 23 March 2018).

In the considerations of the decree of the REGIONAL ADMINISTRATIVE COURT specific among other things that "- saves the necessity to deepen in the next phase of merit all the complex deducted issues, also with respect to the entity of the total endorsement as irrogata - the invoked precautionary protection can be come to an agreement limitedly to the suspension of the pecuniary endorsement, subordinate clause, according to article 55, codicil 2, c.p.a., to the performance - by the recurrent society and in favour of the guarantor Authority for competition and the market - of an amount bail pairs to that of the irrogata endorsement, also through suitable fideiussoria policy".

The suspension is received with satisfaction from the Honored group Shipping "as – law in a note of the company - acknowledgment of the fondatezza than asserted from the two companies".

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