EU Probes Feeder Ship Owners Over Antitrust Worries

Law360, New York (January 15, 2010, 5:29 PM EST) -- The European Commission has launched an investigation of allegations that European ship owners have conspired to pay the costs of taking so-called feeder ships — the first and last vessels to handle maritime shipments — out of service in order to cut capacity and boost charter rates, the watchdog said Friday.

The probe into the "Baltic Max Feeder" scheme will consider whether the feeder ship owners have violated European Union laws on restrictive business practices by agreeing to collectively lower the number of the smaller vessels...
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