<div id="readability-page-1">Who was charged?: Seven Chinese executives and four major container manufacturers face U.S. antitrust charges for alleged price-fixing and supply restrictions. When and how?: The alleged conspiracy ran from November 2019 to January 2024, using production caps and surveillance to enforce limits. Why it matters: Prosecutors say the scheme doubled container prices, worsened pandemic shortages, and impacted $35 billion in global trade.</div>

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<p>Seven Chinese executives and four major container manufacturers have been charged with U.S. antitrust violations for alleged price-fixing and supply restrictions from November 2019 to January 2024. The conspiracy reportedly doubled container prices, exacerbated pandemic shortages, and affected $35 billion in global trade.</p>

DOJ charges shipping giants in $35B pandemic price-fixing case