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The European Commission grants an individual exemption under art. 85(3) of EC Treaty to a consortium agreement under which the shipping companies operate a joint service on a jointly agreed schedule at jointly agreed tariff and service arrangement rates (Finncarriers/Poseidon Schiffart)

"Maritime Transport : Commission Gives Green Light To Five Consortium Agreements"* On the basis of proposals from Mr Van Miert, the Commission has recently authorised a series of consortium agreements in the maritime transport sector. These are the first cases involving the application of the regulation which the Commission adopted on 20 April 1995 (see IP/95/409 and Annex) and which grant a block exemption to liner shipping consortia offering international maritime liner services from one or more Community ports. Liner shipping consortia are agreements between shipping

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Authors

  • Hong Kong Competition Commission
  • DG COMP (Brussels)
  • DG COMP (Brussels)

Quotation

Stephen Ryan, Joos Stragier, Hugo Verlackt, The European Commission grants an individual exemption under art. 85(3) of EC Treaty to a consortium agreement under which the shipping companies operate a joint service on a jointly agreed schedule at jointly agreed tariff and service arrangement rates (Finncarriers/Poseidon Schiffart), 9 April 1996, e-Competitions Bulletin April 1996, Art. N° 39565

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