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FMC: U.S. shippers not harmed by EU law change

Oceania

Thursday, February 16, 2012

A study released by the U.S. Federal Maritime Commission on Thursday finds the repeal of antitrust protection for the liner shipping industry in Europe in 2008 has not disadvantaged U.S. shippers. On Sept. 25, 2006, the European Union announced the repeal of the regulation that provided a "block exemption" from EU competition law for liner shipping conferences in trades to and from EU members. The change in the law took effect on Oct. 18, 2008. In sum...

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