A competitive liner shipping sector is vital for global transport. This industry has had a very atypical history in terms of the application of competition law. Since the industry’s inception in the 19th century late, liner shipping conferences, whereby liner shipping companies fix prices and other conditions on a given route, have been a common practice and for a long time these agreements were exempted from antitrust laws.
However, in the past few decades, the sector has experienced important structural changes and several jurisdictions have undergone regulatory reforms. These have led to a re-organisation of the sector towards greater reliance on consortia and other alliances between carriers, i.e., forms of cooperation at the operational level which do not involve fixing freight rates.
In June 2015, the OECD discussed these important developments in the application of competition law to liner shipping.
This page contains all related materials.
