The Department of Justice has indicted seven Chinese executives from four major shipping container manufacturers for conspiring to fix prices, violating antitrust laws; these executives collectively control approximately 95% of the world's standard dry shipping container production.
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DOJ Announces Charges Against China Executives, Shipping Container MakersAdded:
Today, the Department of Justice is unsealing an indictment charging seven Chinese executives in four of the largest shipping container manufacturers with conspiring to fix prices in violation of antitrust laws.
Collectively, the Chinese conspirators manufacture about 95% of the world's standard dry shipping containers.
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