Exemption extended – Existential for shipping alliances?

Published by Hendrikje Herrmann

Abstract

On 24th March 2020, the European Commission has extended the Consortia Block Exemption Regulation for another four years. The Regulation outlines the conditions for vessel sharing arrangements by liner shipping consortia under EU antitrust rules.

This Jusletter covers the content of the Consortia Block Exemption Regulation and the underlying European antitrust legislation. It further addresses the recent statement of the European Commission on the application of competition law during the COVID-19-pandemic.