European Commission opens consultations on revision of antitrust exemption for shipping liner consortia


    On 21 October 2008 the European Commission (Commission) launched public consultations on its draft for a revision of Commission Regulation 823/2000, which grants consortia of shipping liners immunity from EU antitrust laws for certain categories of agreements, decisions and concerted practices. The Commission's draft suggests extending the immunity for another 5 years following its expiry on 25 April 2010. Interested parties have until 21 November 2008 to comment on the Commission's draft.