Fears of cargo cartel spark probe into ‘super alliance’ at Hong Kong container terminal

Hong Kong’s competition watchdog has opened an unprecedented investigation into whether a new “super alliance” between four of the five operators at one of the world’s busiest container ports breaches antitrust regulations.
The powerful business conglomerates running Kwai Tsing Container Terminals are now under official scrutiny, with the government demanding answers after the announcement on Tuesday that they were forming the Hong Kong Seaport Alliance, which would hold…

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