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New Zealand anti-cartel amendment puts shipping lines under Commerce Commission watch

( August 21, 2017, 05:30 GMT | Insight) -- The New Zealand Shippers' Council said new anti-cartel legislation, which has placed international shipping lines within the Commerce Commission's ambit, will help prevent collusion, price fixing and other anticompetitive conduct, Stuff reports.The New Zealand Shippers' Council said new anti-cartel legislation, which has placed international shipping lines within the Commerce Commission's ambit, will help prevent collusion, price fixing and other anticompetitive conduct, Stuff reports. The amendment enables shippers to file complaints with the antitrust watchdog against anticompetitive behavior in a sector that is undergoing major consolidation, with 12 international liners compared to 20 four years ago....

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