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AMKBY AP Moller Maersk AS (PK)

6.98
0.12 (1.75%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
AP Moller Maersk AS (PK) USOTC:AMKBY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.12 1.75% 6.98 6.84 7.00 7.00 6.93 6.96 173,186 21:21:38

Indian Authorities Open Antitrust Investigation of Shipping Cos -Reuters

20/11/2018 5:13pm

Dow Jones News


AP Moller Maersk AS (PK) (USOTC:AMKBY)
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From Apr 2019 to Apr 2024

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--Denmark's A.P. Moller-Maersk and Dubai's DP World are the targets of an antitrust investigation being carried out by authorities in India, Reuters reported Tuesday, citing "five sources familiar with the matter."

--The Competition Commission of India opened the investigation at the Mumbai port following a complaint from Singapore company PSA International Pte Ltd., the report said.

--A preliminary investigation led the CCI to conclude Maersk and DP World worked together prevent PSA from operating effectively at the Mumbai port, the report said, citing "two of the sources who have direct knowledge of the case."

 

Full story: https://www.reuters.com/article/us-india-regulator-port-exclusive/exclusive-india-to-probe-alleged-antitrust-behavior-by-maersk-dp-world-at-mumbai-port-sources-idUSKCN1NP1RY?il=0

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

November 20, 2018 11:58 ET (16:58 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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1 Year AP Moller Maersk AS (PK) Chart

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