Vessel sharing agreement exemption allows temporary non-application of competition prohibition, subject to monitoring and filing requirements. Exempts Vessels Sharing Agreements in the liner shipping industry from the Competition Act's prohibition on anti-competitive agreements for one year, provided they do not include price fixing, capacity or sales limitations, or market/customer allocation; requires monitoring by the Director General, Shipping and filing of existing or new agreements and related documents within thirty days of publication or ten days of signing, whichever is later.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Vessel sharing agreement exemption allows temporary non-application of competition prohibition, subject to monitoring and filing requirements.
Exempts Vessels Sharing Agreements in the liner shipping industry from the Competition Act's prohibition on anti-competitive agreements for one year, provided they do not include price fixing, capacity or sales limitations, or market/customer allocation; requires monitoring by the Director General, Shipping and filing of existing or new agreements and related documents within thirty days of publication or ten days of signing, whichever is later.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
