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Brazilian port terminal association asks CADE to require Maersk, MSC to notify any future deals in port market

By Paula Mariane ( February 7, 2023, 22:26 GMT | Insight) -- The Brazilian Association of Port Terminals has asked the national competition authority to impose a preventive measure requiring A.P. Moller-Maersk and MSC to notify the antitrust agency of any port transactions before closing, including deals that don't meet the country's merger notification threshold. Danish integrated logistics company A.P. Moller-Maersk and Switzerland-based shipping firm Mediterranean Shipping Company have been targeted in a new preliminary probe for allegedly abusing their dominant position in the container shipping market. The Brazilian Association of Port Terminals (ABTP) has asked the national competition authority to impose a preventive measure requiring A.P. Moller-Maersk and MSC to notify the antitrust agency of any port transactions before closing, including deals that don't meet the country's merger notification threshold....

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