South Africa to Prosecute Maersk, CMA Units for Price-Fixing

South Africa’s antitrust body referred a price-fixing complaint against the local units of some of the world’s top shipping companies including A.P. Moller-Maersk A/S and CMA CGM SA to a tribunal for prosecution.

The companies allegedly fixed the general rate increase charged to customers for shipping cargo between South Africa and Asia and between the nation and the western part of Africa from 2008 to 2018, in contravention of domestic antitrust laws, the Competition Commission said in a statement on Tuesday.

“The dismantling of the cartel will reduce the price of goods imported to South Africa for the benefit of ...