Independent journal on economy and transport policy
00:51 GMT+1
This page has been automatically translated by Original news
the Antitrust of Singapore is disposed to postpone the exemption in favor of the agreements between companies of marine transport of line
Started a consultation with the interested parts
May 26, 2015
The Competition Commission of Singapore (CCS) has proposed the extension on December 31, 2020 of the current exemption of the agreements between companies of marine transport of line regarding the norms on the competition of Singapore, exemption for category that will expire next 31 December and that 2006 are introduced for the first time in July.
The authority antitrust CCS has evidenced that the agreements of marine transport of line "guarantee the connections of the port consequent container of Singapore with more wide benefits for the economy of Singapore and allow savings on the costs of the companies of line deriving from economies of scale. These economic benefits - it has observed the CCS - can be sufficiently meaningful to compensate the anti-competitive effects of the agreements of marine transport of line".
The Competition Commission of Singapore has specified that the proposal of delay of such exemption, to which the parts interested will be able to reply within next the 15 june, "takes in consideration the results of a study of advising commissioned from the CCS that is based on information quantitative that qualitative is supplied by the parts interested of the field so as on the feedbacks within a consultation of the same CCS with the main deliveries interested of the field. Moreover - it has specified the authority of Singapore - CCS has examined the developments of the field so as the normative developments abroad".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher