The European Commission has prolonged for another four years the ‘Consortia Block Exemption Regulation‘. The regulation outlines the conditions under which liner shipping consortia can provide joint services without infringing EU antitrust rules that prohibit anticompetitive agreements between companies. Now the regulation is extended until 25 April 2024.
Generally, EU law bans agreements between companies that restrict competition. However, the Consortia Block Exemption Regulation allows, under...
https://safety4sea.com/eu-commission-extends-consortia-block-exemption-regulation/