Independent journal on economy and transport policy
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the Antitrust of Hong Kong postpones the regulations of exemption for category for the Vessel Sharing Agreement
the expiration is extended to 8 August 2022
August 11, 2017
The Commission for competition of Hong Kong has published tuesday regulations of exemption for relative category to the companies of navigation of line, regulations that regards the Vessel Sharing Agreement (VSA) agreed from the marine companies and that 2015 from Hong Kong Liner Shipping Association (HKLSA are sped up in December).
The new regulations, of immediate application, introduce a delay currently five-year-old, until 8 August 2022, for the exemption in vigor for this type of collaboration between the navigation companies, that they are admitted to benefit of the exemption on condition that they respect some conditions, that is that together the parts of a VSA do not exceed a market share of 40%, than the VSA it does not authorize or it demands to the companies participants to place a trust in existence leading anti-competitive practices and that the navigation companies are free to exit from the VSA without to incur in endorsements.
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The Commission for competition of Hong Kong has published tuesday regulations of exemption for relative category to the companies of navigation of line, regulations that regards the Vessel Sharing Agreement (VSA) agreed from the marine companies and that 2015 from Hong Kong Liner Shipping Association (HKLSA are sped up in December).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
