EU clears the P3 alliance

The EU Commission has no objections against the P3 alliance, which is thus cleared to operate in EU waters. Now the alliance only awaits approval from Asian countries.

The P3 alliance has moved a significant step closer to a launch of the collaboration between the three giant carriers CMA CGM, MSC, and Maersk Line. Yesterday the EU Commission announced that the alliance, as it stands now, does not violate the EU competition law.

However, the Commission will keep an eye on the alliance to ensure that it continues to comply with EU competition law, according to a statement issued by the P3 partners.

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