Drewry: EU will accept bigger alliances
Even though P3's market share with Maersk Line, MSC, and CMA CGM will exceed the EU's consortium guidelines, the alliance will be approved as long as it can deliver clear benefits for customers, and as long as the P3 alliance does not abuse its market dominance, says Drewry.
BY OLE ANDERSEN
The EU Commission, which has for decades acted as hardliners in terms of the close collaborations between container carriers, will be prepared to accept the expansive P3 network alliance between Maersk Line, MSC, and CMA CGM, even though P3 could potentially get a dominant position with a market share exceeding 30 percent, the EU's upper limit in the so-called consortium guidelines.
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