Maritime Car Carriers - "RoRo"
On 21 February 2018 the European Commission adopted a decision in which it found that CSAV, “K” Line, MOL, NYK and WWL-EUKOR participated in a cartel in the market for deep sea transport of vehicles between October 2006 and September 2012. The Commission imposed fines totalling €395 million.
The Commission found that the carriers coordinated prices, allocated customers and exchanged commercially sensitive information about pricing.
Under EU and UK law, any person or business that purchased new cars, trucks and other large vehicles (such as combine harvesters and tractors) affected by the cartel are entitled to claim compensation for any losses suffered as a result of the higher prices paid due to the price fixing, together with interest since the date of purchase.
Hausfeld has been instructed by several major worldwide car manufacturers to assess and pursue claims relating to this cartel. In particular, Hausfeld has been and is representing several car manufacturers in the context of proceedings issued before the High Court of England and Wales, the UK Competition Appeal Tribunal and the Swedish Patent and Markets Court.