U/s 54 of the Competition Act, 2002 Central Government, exempts the Vessels Sharing Agreements of Liner Shipping Industry from the provisions of section 3 of the said Act, for a period of one year - F. NO. 5/20/2011-CS - S.O. 646(E) - Competition Law
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Vessels Sharing Agreements exemption permits liner shipping cooperation temporarily, subject to bans on price fixing and required filings. The Central Government temporarily exempts Vessels Sharing Agreements in the liner shipping industry from section 3 of the Competition Act, subject to prohibitions on price fixing, capacity limitation, and market or customer allocation; the Director General, Shipping will monitor such agreements and operators must file copies and related documents within the notification's specified timeframes.
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.
Vessels Sharing Agreements exemption permits liner shipping cooperation temporarily, subject to bans on price fixing and required filings.
The Central Government temporarily exempts Vessels Sharing Agreements in the liner shipping industry from section 3 of the Competition Act, subject to prohibitions on price fixing, capacity limitation, and market or customer allocation; the Director General, Shipping will monitor such agreements and operators must file copies and related documents within the notification's specified timeframes.
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