India to probe alleged antitrust behaviour by Maersk, DP World at Mumbai port
The move follows complaint by PSA International that companies created entry barriers to hamper growth of PSA’s terminal by colluding on charges they levy at Jawaharlal Nehru port
India’s antitrust regulator has ordered a probe into alleged anticompetitive practices by Denmark’s AP Moller-Maersk and Dubai’s DP World at terminals they operate at the country’s largest container port in Mumbai, according to five informed sources. . The decision by the Competition Commission of India (CCI) to investigate follows a complaint by Singapore’s PSA International, which alleged that Maersk and DP World created entry barriers to hinder the growth of PSA’s terminal by colluding on certain charges they levy at the state-owned Jawaharlal Nehru Port Trust (JNPT). Handling 66-million tonnes of cargo in the past financial year to March, JNPT is critical to India’s international trade. The port handles more than half of India’s traffic of shipping containers annually. Units of Maersk, DP World and PSA operate four of the port’s five terminals, with the fifth owned by the government. The PSA terminal, inaugurated by Prime Minister Narendra Modi in February, is planned to be the ...
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