The EU Commission accepts remedies proposed by container liner shipping companies on price transparency (CMA CGM)

Antitrust: Commission accepts commitments by container liner shipping companies on price transparency* The European Commission has adopted a decision that renders legally binding the commitments offered by fourteen container liner shipping companies. The commitments aim to increase price transparency for customers and to reduce the likelihood of coordinating prices. The commitments address the Commission's concerns that the companies' practice of publishing their intentions on future price increases may have harmed competition and customers. This practice may have raised prices on the market for container liner shipping services on routes to and from Europe, in breach of EU antitrust rules. Commissioner in charge of competition policy, Margrethe Vestager, said: "Container shipping

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European Commission, The EU Commission accepts remedies proposed by container liner shipping companies on price transparency (CMA CGM), 7 juillet 2016, e-Competitions July 2016, Art. N° 80140

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