China: MOFCOM shocks with P3 shipping alliance decision (Competition Policy International)

The proposed P3 shipping alliance could be falling apart after Chinese authorities unexpectedly rejected the partnership between three of the world’s largest shipping containers, according to reports.

China’s Ministry of Commerce defied expectations and disapproved of the partnership that involves the Mediterranean Shipping Company from Switzerland, CMA CGM from France, and …read more

Source: Global Competition Law Blogs