US antitrust charges against Chinese container makers to proceed despite non-arrival of legal papers, lawyers say
- The US DOJ indicted four Chinese container makers for alleged price-fixing during the pandemic
- Two of the four companies said they but haven’t been formally served with related legal documents
- The extraterritorial indictment may lead to severe financial penalties and up to 10 years’ jail time
- Still, the legal proceedings may not be able to erode China’s dominance in container manufacturing
Legal papers for the US indictment will likely arrive at a later date as some defendants said they are preparing for a defence
