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Australia's NSW Ports Operations antitrust lawsuit closes with clash over monopoly markets

By Laurel Henning ( December 17, 2020, 05:20 GMT | Insight) -- Lawyers for NSW Ports Operations closed their submissions in an antitrust lawsuit against the company this week with arguments that the case risks dividing the containerized-freight market in the eastern Australian state of New South Wales in two, leaving two monopoly operators. But lawyers for Australia’s competition watchdog told Federal Court of Australia Judge Jayne Jagot that the creation of a new container terminal at Australia’s Port of Newcastle wouldn’t guarantee shipping lines would switch entirely from one port to another. Lawyers for NSW Ports Operations closed their submissions to an antitrust lawsuit against the company repeating arguments that the case risks dividing the containerized-freight market in the eastern Australian state of New South Wales in two, leaving two monopoly operators....

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