Reuters logo
Chile's Vapores to pay $8.9 mln in U.S. price-fixing case -prosecutors
February 27, 2014 / 5:40 PM / 4 years ago

Chile's Vapores to pay $8.9 mln in U.S. price-fixing case -prosecutors

WASHINGTON, Feb 27 (Reuters) - Chilean shipping firm Compania SudAmericana de Vapores has agreed to plead guilty in a price-fixing conspiracy and pay an $8.9 million criminal fine to the U.S. government, the U.S. Justice Department said on Thursday.

The Justice Department’s antitrust prosecutors said in a statement that the company had conspired to suppress competition in the market for international shipping of cargo such as cars and trucks to and from the United States.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below