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2011 May 18   09:25

EU antitrust inspection at OOCL UK office

The European Commission and UK Office Fair Trading Office carried out inspection yesterday at the OOCL's UK-based office, the OOCL's press release said.
 
The EU inspection purpose was to ascertain whether there is any evidence of infringement of European competition law related to OOCL's shipping transport services, OOCL said.

"We are in compliance with EU competition legislation and are cooperating fully with the Commission on the investigation," the ocean carrier statement said.

OOCL said it had developed and implemented its competition compliance program, "which includes the establishment of a corporate compliance committee, guidelines and mandatory training of employees to ensure our practices are in compliance with competition legislations including European competition legislation."

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