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Complaints filed against car carriers named in EU competition settlement

Financial News

Complaints filed against car carriers named in EU competition settlement

Oslo, August 31, 2018 -  Wallenius Wilhelmsen is aware that a complaint was filed on August 30th by Daimler AG in the UK against several car carriers, including Wallenius Wilhelmsen, as a consequence of the industry settlement with the European Commission earlier this year. A similar complaint has been filed by Mercedes Benz in New Jersey, USA.

It is not uncommon that industry settlements are followed by civil complaints of this kind. In its provisions, Wallenius Wilhelmsen has considered the risk of civil claims as well as outstanding jurisdictions.

This is the very first step in a legal process, and the complaints now filed do not trigger any change in the companies provisions.