GRI

CMA will not recommend renewal of shipping competition exemption

News Competition English Law & Policy Updates
Date: 9th Feb, 2024 Source: Competition and Markets Authority Country: United Kingdom Original Source

Brief

Summary:

The Competition and Markets Authority (CMA) has decided not to recommend a new UK block exemption to replace the Liner Shipping Consortia Block Exemption Regulation (CBER), which is set to expire in April 2024. The CBER provided an automatic exemption from competition law for certain agreements between liner shipping companies. However, the CMA concluded that such agreements should be assessed on an individual basis, rather than benefiting from an automatic exemption. This decision was reached after considering feedback from the industry, customers, and trade bodies, as well as two additional factors: the self-assessment requirements for liner shipping companies and the need for compliance with EU competition law for services calling at EU ports.

The decision follows feedback submitted to the Competition and Markets Authority (CMA) from shipping companies, their customers and representative trade bodies after it consulted the sector last year. What is a block exemption? It provides an exemption from competition law for a particular category of agreement between businesses. Block exemptions are generally made when the

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Highlights content goes here...

The decision follows feedback submitted to the Competition and Markets Authority (CMA) from shipping companies, their customers and representative trade bodies after it consulted the sector last year. What is a block exemption? It provides an exemption from competition law for a particular category of agreement between businesses. Block exemptions are generally made when the

This content is restricted.

Competition and Markets Authority

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