Federal and International

South American Company Agrees to Plead Guilty to Price Fixing on Ocean Shipping Services for Cars and Trucks

First Charges in the Department’s Antitrust Investigation Involving Ocean Shipping Services; Conspiracy Affected Global Cargo Shipments, Including at Port of Baltimore

Washington, DC—(ENEWSPF)—February 27, 2014. Compañía Sud Americana de Vapores S.A. (CSAV), a Chilean corporation, has agreed to plead guilty and to pay an $8.9 million criminal fine for its involvement in a conspiracy to fix prices, allocate customers and rig bids of international ocean shipping services for roll-on, roll-off cargo, such as cars and…

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