EU competition regulator warns shipping that consolidation can only go so far
The European Commission is one of the most crucial regulators that shipping companies seeking to merge must satisfy. A senior official at the commission's competition division warns that further consolidation can be damaging, adding that DG Competition is looking into ways to establish a level playing field for European companies and those outside the EU that benefit from state aid
Remedies to distortions to competition from future mergers may not be sufficient in the future, says the director for transport at DG Competition