Business Review Letter : Transportation Services Inc. can be common billing/collection agent.(Brief Article)

A proposal by Transportation Services Inc. (TSI) to create a company that would act as a common billing and collection agent for its customers -- ocean carriers in the U.S.-Puerto Rico trades -- has been reviewed and approved by the Justice Department's Antitrust Division. The company formed to serve as a joint agent would be independent of the ocean carriers

A business review letter to TSI from Acting Assistant Attorney General John M. Nannes says that "to the extent the information exchanged is limited to include only payment delinquencies, and the ocean carriers continue to make independent unilateral decisions, the proposal would not likely have an anticompetitive …