23.11.21UK’s CMA Not to Recommend Retained CBER Replacement

The U.K.’s Competition and Markets Authority (CMA) no longer proposes to recommend a replacement of the retained Consortia Block Exemption Regulation (CBER). Its provisional view is that the retained CBER should lapse on its expiry date of April 25, 2024 without replacement. When concluding discussions with relevant parties on Dec. 15, the authority will make a final decision.

On Jan. 19, the CMA published a document seeking views on a proposal to recommend to the then secretary of state for business, energy and industrial strategy that she replace the retained Liner Shipping Consortia Block Exemption Regulation (the Retained CBER) when it expires on 25 April 2024 with a Liner Shipping Consortia Block Exemption Order (CBEO).

In October, the European Commission (EC) decided not to extend the CBER beyond April 25, 2024.