VW and others settle maritime cartel fight with Wallenius


By Lucia Osborne-Crowley (January 21, 2022, 6:02 p.m. GMT) – Audi and Porsche and several other automakers have settled their lawsuit against Wallenius Wilhelmsen, resolving allegations that the Norwegian shipper conspired to fix prices in a cartel that has been fined 395 million euros ($450 million) by European regulators.

Wallenius Wilhelmsen ASA and four of its subsidiaries have reached a confidential agreement with the automakers, which include other Volkswagen brands alongside Audi and Porsche: Bentley and Skoda, and MAN and Scania, which make commercial vehicles, according to a court order.

The settlement does not include other major shipping companies that automakers are suing over cartel allegations, which include Japanese companies and K-Line….

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