Tuesday 2 December 08 - 13:35
 

News Americas

Monopoly concerns in Ecuador

The Association of Ecuador's Private Port Operators has asked the government to avoid creating monopolies.

This follows the awarding of a concession to operate the whole of the port of Guayaquil to Philippines-headquartered International Container Terminal Services Inc.

Those same operators claim that their own operations do not, however, result in a lack of competition, emphasising the large amount of income they generate.

Motorship