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The Organisation has completed its review of the maritime sector in the context of the OECD's Review of Regulatory Reform.
An initial report, " Regulatory Issues in International Maritime Transport" discussing regulations governing international liner and bulk shipping was released in 2001.
Work continued on the competition policy aspects of regulatory reform, notably on three issues: the positive and negative impacts to both carriers and shippers of common pricing under anti-trust exemptions; the impacts of conference, discussion and stabilisation agreements; and the possible effects stemming from the removal of anti-trust exemptions for liner shipping.
This work has culminated in a separate report " Liner Shipping Competition Policy Report" that proposes three principles that should help governments in making decisions about anti-trust exemption for price fixing, rate discussion and capacity agreements between liner ship competitors. The report also supports the widespread use of individual confidential contracts instead of the common freight rates applied by conferences.
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