ShippingWatch

EU: New competition case will not affect P3 process

The launch of concrete proceedings against 14 carriers that the EU suspects of having participated in price signaling will have no effect on the EU's approach to the collaboration of the P3 alliance, the European Commissioner for Competition tells ShippingWatch.

Photo: Virginia Mayo

Even though the EU is currently involved in two highly comprehensive proceedings, both of which feature Maersk Line as a key player, the two cases will have zero effect upon each other, the EU's Commissioner for Competition, Joaquín Almunia, tells ShippingWatch, after several analysts, among others, have pointed at the risks for the involved parties.

The risk, it has been said, could involve the fact that it will be more difficult for the EU to look positively at the announced collaboration, even though the EU will not have to formally approve the alliance, as well as the chance that processing the case against the 14 involved carriers - a case that dates back to May 2011 - could drag out the competition authorities' review of the P3 alliance. 

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