european-shippers-council-esc-european-competition

No Brussels probe into shipping rates – for now

The European Shippers Council says that it has been told at a recent meeting by the European Commission Competition Directorate that it did not see the recent shipping price hikes as a justification to start an investigation as this would require either a formal review of the Consortia block exemption or a legal complaint. However, DG Competition acknowledged that the situation needed a global overview and at least a renewal ... [+]