October 19, 2020 General 100

EU: Maersk chief warns antitrust policy benefits China and USpermalink


Is it really a good idea that we don’t allow the creation of a European global champion? In doing so, we risk being outperformed by a Chinese company, over which the European Union has no influence,” Maersk CEO Soren Skou told Danish business daily Finans.

I think Maersk is intentionally putting a strain on EU antitrust regulations with their moves. It accounts for 2.5% of total GDP of Denmark, so they would essentially have huge politcal support from their homeland.

TRON® is the leading and versatile freight forwarder in Pakistan, providing complete door to door coverage in Pakistan, North America, Europe, and Asia through our network of partner offices. Learn More.