Brussels, 13/10/2005 (Agence Europe) - The Commission has authorised the proposed acquisition of the Canadian maritime company, CP Ships, by the German company, TUI, which owns Hapag-Lloyd, subject to certain conditions. Clearance is conditional upon the withdrawal of Hapag-Lloyd from two liner shipping conferences that operate between Europe and North America as the accumulated market shares of the parties could cause competition problems. The shipping conferences benefit from antitrust...