Central Government exempts the Vessels Sharing Agreements of Liner Shipping Industry for a period of three months with effect from the 21st March, 2017 - F. No.5/20/2011-CS - Competition Law
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Vessels sharing agreements exempted from competition prohibition for a limited period, subject to conditions and monitoring. The Central Government temporarily exempts Vessels Sharing Agreements in the liner shipping sector from the prohibition on anti-competitive agreements for three months from 21 March 2017, provided such agreements do not include concerted practices fixing prices, limiting capacity or sales, or allocating markets or customers. During this period, monitored filings of existing or newly executed agreements and related documents must be submitted within thirty days of publication or ten days of signing, whichever is later.
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Provisions expressly mentioned in the judgment/order text.
Vessels sharing agreements exempted from competition prohibition for a limited period, subject to conditions and monitoring.
The Central Government temporarily exempts Vessels Sharing Agreements in the liner shipping sector from the prohibition on anti-competitive agreements for three months from 21 March 2017, provided such agreements do not include concerted practices fixing prices, limiting capacity or sales, or allocating markets or customers. During this period, monitored filings of existing or newly executed agreements and related documents must be submitted within thirty days of publication or ten days of signing, whichever is later.
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