Independent journal on economy and transport policy
14:58 GMT+1
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The US FMC believes that there is more than enough competition in the containerized shipping market
The exceptional level of freight value, according to the agency, is the result of market dynamics
June 1, 2022
At the conclusion of the second phase of the investigation, in the report published yesterday by fmc, we read that Rebecca F. Dye, commissioner of the FMC which has been appointed Fact Finding Officer and has directed the investigation, "using consolidated tools antitrust analytics also used by agencies for the competition of our sisters (the Department of Justice and the Federal Trade Commission) - and despite some preconceptions - the current market for scheduled ocean services in traffic transpacific is not concentrated and transatlantic trades they are concentrated only minimally"."
And that's not all. According to the Federal Maritime Commission, "the competition between ocean carriers, between the three main alliances and among the members of each of these alliances, it is supported. The maritime services market - highlights the report - remains extremely contestable'. In addition, Rebecca Dye has detected whereas, 'although certain tariffs for maritime transport, in particular the spot rates, based on the time series are exceptionally high, these tariffs are accentuated by the pandemic, from an unexpected and unprecedented increase in spending of consumers, particularly in the United States, and congestion of the supply chain, and are the product of the forces of supply and demand market'.
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At the conclusion of the second phase of the investigation, in the report published yesterday by fmc, we read that Rebecca F. Dye, commissioner of the FMC which has been appointed Fact Finding Officer and has directed the investigation, "using consolidated tools antitrust analytics also used by agencies for the competition of our sisters (the Department of Justice and the Federal Trade Commission) - and despite some preconceptions - the current market for scheduled ocean services in traffic transpacific is not concentrated and transatlantic trades they are concentrated only minimally"."
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
