On Tuesday, 24 March, the European Commission decided to extend the regulation defining the conditions under which liner shipping consortia (liner shipping) can provide joint services without infringing EU antitrust rules for another 4 years, until 25 April 2024.
In general, EU law prohibits agreements between companies that restrict competition. However, the Consortia Block Exemption Regulation allows, under certain conditions, liner shipping operators whose combined market share is...