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BLOCK EXEMPTION ORDER
FOR LINER SHIPPING
AGREEMENTS EXTENDED
TILL 2020
GOVERNMENT ADVOCACY
|
BLOCK EXEMPTION ORDER
Case Team Members:
Tan Hi Lin
Nimisha Tailor
Kong Weng Loong
Cindy Chang
Jaime Pang
Joanne Yong
Lee Jwee Nguan
The Minister for Trade and Industry
(Trade) (the “Minister”) has extended
the Competition (Block Exemption for
Liner Shipping Agreements) Order
(“BEO”) for another five years until 31
December 2020.
The BEO, first issued in July 2006,
exempts a category of liner shipping
agreements (“LSAs”) from the prohibition
against anti-competitive agreements
under section 34 of the Competition
Act, provided certain conditions and
obligations are fulfilled.
In the public consultation held from 25
May to 15 June 2015, CCS received five
submissions, out of which four were
supportive of the proposed extension.
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GUIDING YOU TO NEW HEIGHTS
CCS ANNUAL REPORT 2015-2016