News
The U.S. Federal Maritime Commission (FMC) and the Department of Justice (DOJ) Antitrust Division have signed an interagency Memorandum of Understanding (MOU) to foster increased cooperation and communication in their respective oversight and enforcement responsibilities of the ocean liner shipping industry.
The MOU establishes a framework for the FMC and the Antitrust Division to continue regular discussions and review law enforcement and regulatory matters affecting competition in the shipping industry.
The MOU also provides for information and expertise exchanges between the agencies that may be relevant and useful in meeting their oversight and enforcement responsibilities. Such exchanges would be conducted in a manner appropriate and consistent with applicable legal and confidentiality restrictions.
