Wallenius Wilhelmsen Latest to Plead Guilty in Australian Cartel Case

22 June 2020

Norwegian-based global shipping company Wallenius Wilhelmsen Ocean AS (WWO) became the latest company to enter a guilty plea to the long-standing criminal cartel case in Australia.

 

The Australian Competition and Consumer Commission (ACCC), among other jurisdictions around the world, has been investigating and prosecuting an alleged cartel formed in connection with the transportation of vehicles, including cars, trucks, and buses. The case stems from charges that the businesses agreed to act together instead of competing with each other forming an illegal cartel. Under the law, cartel conduct can include price fixing, sharing markets, rigging bids, and controlling the output, or limiting the amount of goods and services.

 

After an ACCC investigation, Wallenius was charged on August 23, 2019, with cartel conduct regarding the transportation of vehicles, including cars, trucks, and buses, to Australia between June 2011 and July 2012.

 

“We are pleased that by entering a guilty plea, WWO has acknowledged its role in this criminal cartel,” said ACCC Chair Rod Sims. “This plea means the last of the cases in the long-running shipping cartel matters is now closer to being resolved.”

 

Previously, in 2016, Nippon Yusen Kabushiki Kaisha (NYK) plead guilty to criminal cartel conduct also related to the shipment of vehicles and was convicted and fined A$25 million. In 2018, Kawasaki Kisen Kaisha Ltd (K-Line) also plead guilty to criminal cartel conduct and was convicted and fined A$34.5 million.

 

Wallenius so far has not commented on its guilty plea, but last year at the time the charges were referred to the court, they said, “The company is cooperating with the ACCC in this investigation and will continue to work with the normal processes of the court to bring this to a conclusion.”

 

The case against Wallenius has been adjourned for sentencing at a later date. 

Comments (0)


Today
8:03am
Hi Jenna! I made a new design, and i wanted to show it to you.
8:03am
It's quite clean and it's inspired from Bulkit.
8:12am
Oh really??! I want to see that.
8:13am
FYI it was done in less than a day.
8:17am
Great to hear it. Just send me the PSD files so i can have a look at it.
8:18am
And if you have a prototype, you can also send me the link to it.

Monday
4:55pm
Hey Jenna, what's up?
4:56pm
Iam coming to LA tomorrow. Interested in having lunch?
5:21pm
Hey mate, it's been a while. Sure I would love to.
5:27pm
Ok. Let's say i pick you up at 12:30 at work, works?
5:43pm
Yup, that works great.
5:44pm
And yeah, don't forget to bring some of my favourite cheese cake.
5:27pm
No worries

Today
2:01pm
Hello Jenna, did you read my proposal?
2:01pm
Didn't hear from you since i sent it.
2:02pm
Hello Milly, Iam really sorry, Iam so busy recently, but i had the time to read it.
2:04pm
And what did you think about it?
2:05pm
Actually it's quite good, there might be some small changes but overall it's great.
2:07pm
I think that i can give it to my boss at this stage.
2:09pm
Crossing fingers then

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