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CHAPTER 14 European Union competition law: consortia

EU Shipping Law

Page 855


European Union competition law: consortia

A. Introduction

14.001 Consortia were defined in 1990 by the European Commission as: “coalitions of several independent shipping lines seeking some form of co-operation in order to maintain profitability through rationalisation in the widest sense and to spread the expense of investment in container operations”.1

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