World’s Largest Container Shipping Line Has Purchase of Competitor Approved

DENMARK – GERMANY – The European Commission has cleared the proposed acquisition of German container line Hamburg Süd by the Danish competitor Maersk Line, though subject to conditions, with the Commission citing concerns on the potential for the combined company to restrict trade on certain routes. Commissioner Margrethe Vestager, in charge of competition policy, said:
Source: http://www.handyshippingguide.com

Leave a Reply