IDEAS home Printed from https://ideas.repec.org/a/eee/trapol/v14y2007i1p1-10.html
   My bibliography  Save this article

The liner shipping industry and EU competition rules

Author

Listed:
  • Benacchio, Marco
  • Ferrari, Claudio
  • Musso, Enrico

Abstract

The literature has always looked at co-operation in the shipping industry with some benevolence. While co-operation benefits the transport industry as it reduces operators, guarantees higher profits and regulates supply, does it also increase the consumers' surplus, or does it cause lower benefits and eventually inefficiency? In fact, liner shipping is the sole industry that is heavily exempted from antitrust regulations, both in Europe and North America. The paper, moving from the recent decision of the EU regarding the maritime liner sector, and from the EU Commission's Consultation Paper on the review of Regulation 4056/86, aims at investigating in what ways antitrust rules can "monitor and control" the market in a proper way according to the emerging trends of integration in the maritime logistics sector.

Suggested Citation

  • Benacchio, Marco & Ferrari, Claudio & Musso, Enrico, 2007. "The liner shipping industry and EU competition rules," Transport Policy, Elsevier, vol. 14(1), pages 1-10, January.
    • Handle: RePEc:eee:trapol:v:14:y:2007:i:1:p:1-10
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0967-070X(06)00056-4
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Marlow, Peter & Nair, Rawindaran, 2006. "Liner shipping and information exchange--a European perspective," Marine Policy, Elsevier, vol. 30(6), pages 681-688, November.
    2. D. K. Ryoo & H. A. Thanopoulou, 1999. "Liner alliances in the globalization era: a strategic tool for Asian container carriers," Maritime Policy & Management, Taylor & Francis Journals, vol. 26(4), pages 349-367, October.
    3. Pirrong, Stephen Craig, 1992. "An Application of Core Theory to the Analysis of Ocean Shipping Markets," Journal of Law and Economics, University of Chicago Press, vol. 35(1), pages 89-131, April.
    4. Sjostrom, William, 1989. "Collusion in Ocean Shipping: A Test of Monopoly and Empty Core Model s," Journal of Political Economy, University of Chicago Press, vol. 97(5), pages 1160-1179, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Balci, Gökcay & Cetin, Ismail Bilge & Tanyeri, Mustafa, 2018. "Differentiation of container shipping services in Turkey," Transport Policy, Elsevier, vol. 61(C), pages 26-35.
    2. Mary R. Brooks, 2011. "Competition and Regulation in Maritime Transport," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 37, Edward Elgar Publishing.
    3. André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), 2011. "A Handbook of Transport Economics," Books, Edward Elgar Publishing, number 12679.
    4. Jason Monios, 2023. "When smooth space becomes turbulent: The collapse of Hanjin Shipping and the immobilisation of ships, containers, goods and people," Environment and Planning A, , vol. 55(2), pages 320-338, March.
    5. Daniele Crotti & Claudio Ferrari & Alessio Tei, 2020. "Merger waves and alliance stability in container shipping," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 22(3), pages 446-472, September.
    6. Jason Monios & Gordon Wilmsmeier, 2022. "Maritime governance after COVID-19: how responses to market developments and environmental challenges lead towards degrowth," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 24(4), pages 699-722, December.
    7. Dong-Hua Wang, 2014. "Ocean shipping deregulation restructures the liner shipping industry," Maritime Policy & Management, Taylor & Francis Journals, vol. 41(1), pages 97-111, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yang, Dong & Liu, Miaojia & Shi, Xiaoning, 2011. "Verifying liner Shipping Alliance’s stability by applying core theory," Research in Transportation Economics, Elsevier, vol. 32(1), pages 15-24.
    2. Lester G. Telser, 1994. "The Usefulness of Core Theory in Economics," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 151-164, Spring.
    3. Rau, Philipp & Spinler, Stefan, 2017. "Alliance formation in a cooperative container shipping game: Performance of a real options investment approach," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 101(C), pages 155-175.
    4. Takuma Matsuda & Suguru Otani, 2022. "Unified Container Shipping Industry Data From 1966: Freight Rate, Shipping Quantity, Newbuilding, Secondhand, and Scrap Price," Papers 2211.16292, arXiv.org, revised Apr 2023.
    5. DAVID A. Butz, 1993. "Ocean Shipping Economics: Free Trade And Antitrust Implications," Contemporary Economic Policy, Western Economic Association International, vol. 11(3), pages 69-80, July.
    6. Mike Fusillo, 2013. "The Stability of Market Shares in Liner Shipping," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 42(1), pages 85-106, February.
    7. Margaret C. Levenstein & Valerie Y. Suslow, 2002. "What Determines Cartel Success?," UMASS Amherst Economics Working Papers 2002-01, University of Massachusetts Amherst, Department of Economics.
    8. Schmitt, Nicolas & Weder, Rolf, 1998. "Sunk costs and cartel formation: Theory and application to the dyestuff industry," Journal of Economic Behavior & Organization, Elsevier, vol. 36(2), pages 197-220, August.
    9. Marín Uribe, Pedro Luis, 2001. "Exclusive Contracts and Market Power: Evidence from Ocean Shipping," CEPR Discussion Papers 2828, C.E.P.R. Discussion Papers.
    10. Productivity Commission, 2005. "Review of Part X of the Trade Practices Act 1974: International Liner Cargo Shipping," Inquiry Reports, Productivity Commission, Government of Australia, number 32.
    11. Waters II, William G., 2007. "Evolution of Railroad Economics," Research in Transportation Economics, Elsevier, vol. 20(1), pages 11-67, January.
    12. Aivazian, Varouj A. & Callen, Jeffrey L., 2023. "The Coase Theorem and the empty core: Inspecting the entrails after four decades," International Review of Law and Economics, Elsevier, vol. 73(C).
    13. JAMES D. Reitzes, 1993. "Ocean Shipping Economics: Comment," Contemporary Economic Policy, Western Economic Association International, vol. 11(3), pages 81-85, July.
    14. Mary R. Brooks, 2011. "Competition and Regulation in Maritime Transport," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 37, Edward Elgar Publishing.
    15. Mohammad Ghorbani & Michele Acciaro & Sandra Transchel & Pierre Cariou, 2022. "Strategic alliances in container shipping: A review of the literature and future research agenda," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 24(2), pages 439-465, June.
    16. Richard Neel & Carl Gooding, 1997. "Service contracts, rate discounting, and the future of shipping conferences," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 3(4), pages 388-394, November.
    17. André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), 2011. "A Handbook of Transport Economics," Books, Edward Elgar Publishing, number 12679.
    18. Kenneth Button & Peter Nijkamp, 1997. "Network Industries, Economic Stability and Spatial Integration," Tinbergen Institute Discussion Papers 97-047/3, Tinbergen Institute.
    19. Panayides, Photis M. & Wiedmer, Robert, 2011. "Strategic alliances in container liner shipping," Research in Transportation Economics, Elsevier, vol. 32(1), pages 25-38.
    20. Pedro L. Marín & Richard Sicotte, 2003. "Exclusive Contracts And Market Power: Evidence From Ocean Shipping," Journal of Industrial Economics, Wiley Blackwell, vol. 51(2), pages 193-214, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:trapol:v:14:y:2007:i:1:p:1-10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/30473/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.