World Maritime News (65)
October 18, 2023
Carriers lose fight to keep consortia block exemption regulation The European Commission has finally brought the axe down on the consortia block exemption regulation that had allowed container lines to avoid elements of antitrust law after carriers failed to persuade the regulator to extend the rule. The decision comes after a long-running review of the regulation, which was last extended for a four-year term in 2020 and published its staff working document summarizing its evaluation findings.