Thursday, June 23, 2005

Bid Rigging on the High Seas

The Fourth Circuit ruled on June 14 that Gosselin World Wide Moving did not have immunity from the antitrust laws under the Shipping Act.  The Act's antitrust immunity provisions, enacted in 1916 to allow US shipping companies on a level playing field with non-US companies,  were read narrowly and did not apply to the criminal bid rigging conduct.    Gosselin was accused of a price conspiracy in transporting the belongings of military personnel overseas for the Department of Defense.

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