The EU Council adopts the Commission’s proposal to repeal regulation block exemption concerning maritime transport for liner conferences

"Milestones in maritime transport: EU ends exemptions"* On 25 September 2006, the Competitiveness Council unanimously adopted the Commission’s proposal to repeal the block exemption for liner conferences on routes to and from the EU [1]. This is a historic date since the EU is the first jurisdiction world-wide to lift this type of anti-trust immunity for conferences. The block exemption, established by Council Regulation 4056/86 [2], allowed carriers to fix prices and regulate capacity jointly in liner conferences. The abolition of conferences in trades to and from the EU will enter into effect in October 2008, after a two-year transitional period. In order to smooth the transition to a more competitive regime, the Commission will issue Guidelines on the application of the

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Carsten Bermig, Fabrizia Benini, The EU Council adopts the Commission’s proposal to repeal regulation block exemption concerning maritime transport for liner conferences, 25 September 2006, e-Competitions September 2006, Art. N° 36534

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