Cargo shipping to keep EU antitrust exemption until 2024
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BRUSSELS (Reuters) - Cargo shipping companies will be exempt from antitrust rules against anti-competitive agreements for a further four years until 2024 because this 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 be prolonged for four more years to April 2024, the European Commission said in a statement.It allows liner shipping operators with a..