UK competition regulator extends GXO-Wincanton decision day
The UK’s Competition and Markets Authority (CMA) has extended its deadline for a decision on ...
Photo: © Vichaya Kiatying-angsulee
Shipping lines operating in Hong Kong could soon fall foul of new competition laws, unless their application for a block exemption is accepted.
In a statement last month to the newly formed Hong Kong Competition Commission, the Hong Kong Liner Shipping Association (HKLSA) argued that vessel-sharing agreements (VSAs) and vessel discussion agreements (VDAs) were integral to Hong Kong’s status in the shipping world.
It said the agreements – which form the basis of commonly used container shipping alliances – played “a critical ...
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