MSC Required to Divest of Ferry Operator Moby by Antitrust Regulators

In a rare setback for the Mediterranean Shipping group and the Aponte family, the company is being forced to divest its investment in Moby, an operator of ferries between Italy and the islands of the Mediterranean. The Italian Competition Authority announced on October 24 that it has accepted and made binding a commitment offered by MSC’s Shipping Agencies Services, Moby, and Grandi Navi Veloci that sets the terms of the divestment.