EC CLEARS PORT IT VENTURE OF MAERSK DATA AND EUROGATE

   The Eu Fee has approved the introduction through Maersk Information (USA) Inc. and Eurogate IT Services and products GmbH (Germany) of a three way partnership, known as World Shipping Answers LLC.

   The three way partnership corporate will supply data generation products and services to port terminal operators and firms that arrange intermodal and marine companies associated with port terminal operations.

   Maersk Information USA Inc. is a subsidiary of the Danish delivery staff A.P. Moller, which owns the worldwide container terminal operator APM Terminals.

   Eurogate IT Services and products GmbH is managed through the German container terminal staff Eurogate.

   After an investigation, the Eu Fee mentioned that the proposed transaction “does now not give upward push to any festival considerations because of the truth that there are a number of different established gamers within the markets.” It additionally concluded that the transaction would now not create or improve a dominant place and would now not result in any coordination of the aggressive habits of the mother or father firms at the markets for IT to port terminal operators.


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