FTC Orders Hamburg Sud to Withdraw from Shipping Alliances on Merger with Maersk Line

SEJONG, Nov. 28 (Korea Bizwire) — South Korea’s antitrust watchdog on Tuesday ordered Maersk Line, the world’s largest container shipper, and its smaller German rival Hamburg Sud to withdraw from their alliances with other firms on some routes if they want to go ahead with their proposed merger. In October last year, Maersk proposed a [...]