Singapore Shipping Magnate Accused by US in Price Fixing Scheme

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Bloomberg Politics 21 hours ago • bloomberg.com

Singapore Shipping Magnate Accused by US in Price Fixing Scheme

Singapore shipping tycoon Teo Siong Seng was accused by the US of colluding to raise dry-container prices, placing one of the city-state’s most prominent business figures at the center of a sweeping antitrust case.

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