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You are here: Home Archive 2009 August Weekly Edition 27th of August 2009 Maersk threatens rivals with price war

Maersk threatens rivals with price war

by Tom Leander, London last modified Aug 27, 2009 04:59 PM

AP MOLLER-Maersk chief executive Nils Andersen says that Maersk Line is ready to lower prices to retain market share in its container business.

“We will not allow anyone to take market share from us by systematically undercutting our prices,” he said.
“If it comes down to that we’re ready to fight it out on prices.”
The comments were made in a...

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