Mergers & Antitrust Law News

Liner Shipping Groups Win Four-Year EU Antitrust Exemption

March 24, 2020, 10:45 AM

Liner shipping consortia won another four-year antitrust exemption from European Union rules, allowing them to cooperate on joint shipping services that can lead to economies of scale and better use of space on vessels.

  • European Commission comments in emailed statement
  • EU’s liner shipping block exemption dates back to 2009, extension lasts until April 25, 2024
  • Exemption allows shippers with market share of under 30% to cooperate with rivals; mostly involves container ships
  • Rules don’t allow price-fixing or market-sharing
  • EU says market feedback shows costs for carriers and prices per 20-foot equivalent unit have decreased around 30%; quality of service is...

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