Cargo shipping to benefit from EU antitrust exemption till 2024
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BRUSSELS (Reuters) - Cargo shipping companies will continue to be exempted from antitrust rules against anti-competitive agreements until 2024 because this immunity ultimately leads to lower prices and better consumer services, EU antitrust regulators said on Tuesday.First adopted in 2009 and extended for five years in 2014, the consortia block exemption regulation will now be in place until 2024.It allows liner shipping operators with a combined market share below 30% to cooperate to provide..