An antitrust class-action lawsuit filed in federal court claims Matson Navigation Co. and Horizon Lines Inc. conspired to fix their rate increases through fuel surcharges and at a much higher amount than the actual increase in the cost of the fuel. Also, the Feds are investigating Crowley and Sea Star in an antitrust probe.
Tuesday, July 29, 2008
Matson, Horizon in antitrust lawsuit
An antitrust class-action lawsuit filed in federal court claims Matson Navigation Co. and Horizon Lines Inc. conspired to fix their rate increases through fuel surcharges and at a much higher amount than the actual increase in the cost of the fuel. Also, the Feds are investigating Crowley and Sea Star in an antitrust probe.
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