Schindellegi, Switzerland, February 10, 2010 - Freight forwarders including Kuehne + Nagel have been subject to the European Commission’s investigation related to alleged anti-competitive practices in the area of European freight forwarding.
The Statement of Objections follows the investigations initiated by the European Commission at Kuehne + Nagel premises in October 2007 and subsequent questionnaires. A Statement of Objections is a procedural document whereby the European Commission communicates its preliminary view of a possible infringement of EU competition law. Addressees are allowed to present arguments in response.
Kuehne + Nagel will examine the Statement of Objections, will respond in due course and reserves its right to exhaust legal remedies.
About Kuehne + Nagel
With approximately 55,000 employees at 900 locations in over 100 countries, the Kuehne + Nagel Group is one of the world's leading logistics companies. Its strong market position lies in the seafreight, airfreight, contract logistics and overland businesses, with a clear focus on providing IT-based supply chain management services.
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