NewsFMC approves Gemini Cooperation despite commissioner’s competition ‘concerns’

September 10, 2024by 0

The Federal Maritime Commission (FMC) has admitted to “questions and concerns” over whether the Maersk and Hapag-Lloyd Gemini Cooperation will have anti-competitive consequences.
Following a statement saying the FMC had reviewed the cooperation agreement, “within the statutory timeframe” and had decided not to seek an injunction against the deal – the only tool at its disposal – FMC chairman Daniel Maffei put out another statement.
“The Gemini Cooperation Agreement will take effect …

The post FMC approves Gemini Cooperation despite commissioner’s competition ‘concerns’ appeared first on The Loadstar.

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