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AG's Office Looking at Proposed Shipping Merger
The Alaska attorney general's office is looking at whether the proposed merger of two shipping companies would violate antitrust laws.
JUNEAU- The Alaska attorney general's office is looking at whether the proposed merger of two shipping companies would violate antitrust laws.
The office is studying the proposed purchase of Northland Services by Lynden Inc., the parent company of Alaska Marine Lines. Northland Services is a tug and barge carrier providing service between Alaska, Seattle and Hawaii.
Senior Assistant Attorney General Ed Sniffen says while the companies operate throughout Alaska, it's the portion of the proposed deal affecting southeast Alaska that's the most concerning. The companies are the only ones providing such services in many Southeast communities.
Sniffen says if a deal is approved, the state wants to make sure there's a good chance of healthy competition.
Another company has proposed offering services in more Southeast communities.