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Liner Conference System
From Wikipedia, the free encyclopedia
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A Liner Conference System (also called a "shipping conference") is an agreement within the shipping industry in relation to ocean liners. Typically, the agreement is between two or more shipping companies to provide scheduled cargo and/or passenger service on a particular trade route under uniform rates and common terms.[1]
Although a Liner Conference System allows shipowners to club together, enabling them to continue to operate a regular "liner service" and maintain requisite standards of service, there is a downside. Such agreements may establish protectionist organisations that can involve monopoly abuse and possible breach of competition law.[2] For instance, under European Community Law, article 101[3] of the Treaty of Rome (as amended) imposes a prima facie ban on anticompetitive "agreements between undertakings".[4] However, the Encyclopædia Britannica site[5] states that overall the advantages to the public of Liner Conferences outweigh their disadvantages.[6]
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