Nippon Yusen controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
India fines car carrier companies over cartel conduct
Fine or penalty
India’s Competition Commission of India imposed fines totaling nearly $8.5 million on NYK Line, K-Line, Mitsui O.S.K. Lines, and Nissan Motor Car Carrier Company after finding them guilty of violating competition law through cartel conduct. The commission also ordered the companies to stop cartel actions and not enter such agreements in the future.
Source excerpt
The companies were also ordered to stop any cartel actions and not peruse agreements in the future.
Indian authorities fined several of the major Japanese car carrier companies after finding the firms guilty for violations of India’s Competition Act, which prohibits anti-competitive agreements including cartels. The Competition Commission of India (CCI) imposed a total fine of nearly $8.5 million, while also holding libel executives of the companies for the anti-competitive conduct and passing a cease-and-desist order against the illegal cartel.
After reviewing all of the evidence, the CCI entered its final order against Nippon Yusen Kabushiki Kaisha (NYK Line), Kawasaki Kisen Kaisha (K-Line), Mitsui O.S.K. Lines, and Nissan Motor Car Carrier Company for having created and operated a cartel impacting the maritime motor vehicle transport services operated on multiple trade routes for original equipment manufacturers.