Venable partner Ashley Craig was quoted in a Wall Street Journal article about the European Commission's raiding of three of the world's largest shipping lines.
The raids followed an investigation into the rise in container shipping prices despite a drop in demand and the expansion of industry capacity. Speaking on the subject of fees in the shipping industry, Craig said, "Traditional rules of economics have long not applied to the shipping industry."
The article also ran in El Periodico de Mexico, a Mexican newspaper.
The raids followed an investigation into the rise in container shipping prices despite a drop in demand and the expansion of industry capacity. Speaking on the subject of fees in the shipping industry, Craig said, "Traditional rules of economics have long not applied to the shipping industry."
The article also ran in El Periodico de Mexico, a Mexican newspaper.