April 1, 2018
Japan’s three largest shipping carriers—Mitsui O.S.K. Lines, Kawasaki Kisen Kaisha, and Nippon Yusen—sought regulatory approval for a joint venture called Ocean Network Express (ONE). The U.S. Department of Justice approved the joint venture without condition, and ONE is expected to begin operations in April 2018.
Dr. Chipty analyzed the competitive effects of the proposed joint venture. A key concern was competition along the supply chain for transporting refrigerated produce between the U.S. and Japan. Dr. Chipty’s work was presented before the DOJ on behalf of the parties in the summer of 2017.
Read more about the joint venture here.