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Second Guilty Plea for cartel conduct

Monday 9 April 2018

Kawasaki Kisen Kaisha (K-Line) will be the second guilty plea in relation to the cartel conduct case that also involved third-party, Nippon Yusen Kabushiki Kaisha (NYK).

NYK plead guilty in August last year to a fine of $25 million.

K-Line’s plea follows an investigation by the ACCC and charges laid by the Commonwealth Director of Public Prosecutions in relation to cartel conduct concerning the international shipping of cars, trucks, and buses to Australia.

The matter will proceed to sentencing, scheduled for 15 and 16 November 2018.
The competition regulator has also made it known that other participants in this cartel conduct case are also currently being investigated.