In our blog back in October, we noted the European Commission’s decision to let the Consortia Block Exemption Regulation (CBER) as to liner shipping expire on 25 April 2024. In a subsequent client alert, we noted that we were also waiting to see what the US Congress and the Federal Maritime Commission (FMC) would do on the same issue.
Well, another domino has fallen – the UK’s Competition and Markets Authority (CMA) may now be following in the European Commission’s footsteps, as it (provisionally) proposed allowing the exemption to lapse in the UK on the same date, without replacement.
