Antoine Colombani News

EU to Approve Hapag-Lloyd, Vapores Deal with Conditions

European Union antitrust regulators will conditionally clear a deal by Hapag-Lloyd and Compania SudAmericana de Vapores to form the world's fourth-largest container shipping company, two people familiar with the matter said on Friday. The case is important for the shipping industry where consolidation could help it to overcome the worst slump on record. And if regulators take a soft line on any concessions required to allow the deal to proceed this could spur more mergers in the industry.

EU Antitrust Regulators Will Not Probe Maersk Alliance

European Union antitrust regulators have not found any anti-competitive impact relating to an alliance of world No. 1 container shipping company AP Moller-Maersk with two of its peers, the European Commission said on Tuesday. "At this stage, the Commission does not intend to open proceedings in relation to P3 or G6," said Antoine Colombani, Commission spokesman for competition policy, referring to two shipping alliances, one of which was formed by Maersk. "The Commission will…