EUROPEAN COMMISSION CHALLENGES PUBLIC PRICE ANNOUNCEMENTS BY SHIPPING LINER COMPANIES* On 7 July 2016, the European Commission adopted a decision accepting commitments by 14 shipping liner companies to change their practices concerning announcements of intended price increases for containerised shipping services. The Commission considered that these announcements were anti-competitive and resulted in higher prices for container liner shipping services, thereby harming customers. In certain circumstances, public price signaling (i.e., unilateral public announcement of future price intentions) may amount to an exchange of sensitive information between competitors in violation of EU competition law. Use of the internet to make public price announcements to customers can make the same
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The EU Commission accepts commitments by 14 shipping liner companies to change their practices concerning announcements of intended price increases for containerised shipping services (Liner Shipping case)
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