BRUSSELS – After years of seeing freight rates skyrocket and fewer deliveries arriving on time, the European Union’s central competition watchdog, the European Commission, now begins investigating the conditions for liner shipping companies on the market, according to a Commission spokesperson.
Last week, the Commission commenced work on a new evaluation of the historical exemption of container lines from the union’s competition regulations. Up until now, the rules have allowed the carriers to exchange sensitive information in order to coordinate market capacity.
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