EU Repeal of the Liner Conference Block Exemption
The EU Repeal of the Liner Conference Block Exemption ended, from October 18, 2008, the antitrust exemption that had let ocean carriers in liner conferences jointly fix freight rates on trades to and from Europe.
What it requires
Council Regulation (EC) No 1419/2006 of September 25, 2006 repealed Regulation (EEC) No 4056/86, which since 1987 had exempted liner conferences from EU competition rules. After a two-year transition ending October 18, 2008, carriers on EU trades could no longer jointly set rates or capacity, and their cooperation had to comply with Article 101 TFEU. Operational consortia kept a separate block exemption until it expired on April 25, 2024. Fines for competition law violations can reach 10 percent of global turnover.
Why it matters
The repeal ended collective rate setting on Europe trades, so ocean rates to and from Europe are set by individual carriers and contracts. Importers gained negotiating room, though carrier consolidation and alliances partly took the place of conferences. For example, a European e-commerce importer buying Asia to Rotterdam freight now negotiates with carriers or forwarders individually rather than facing a published conference tariff. With the consortia exemption also gone since 2024, alliances on EU trades must assess their own compliance with competition law.
Events
Related laws
Sources
- Council Regulation (EC) No 1419/2006, EUR-Lex eur-lex.europa.eu
Not legal advice.