The South African government has rejected the proposed merger of the container-line operations of Mitsui OSK, NYK and K-Line to form ONE. The government ruled that it increases the risks of collusion in an industry that is already allegedly prone to it. The move is consistent with the SA government’s investigation of rate setting by four other lines (not including these three). ONE would be the sixth largest operator globally, and so might be more effective a competitor than the ninth, 11th and 13th individually. The three also do not have a significant share on South Africa-U.S. lines –...