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US ship competition bill wins Asian support
  Date:09/28/10  |  From:cargonewsasia  |  Click:

Shippers in Hong Kong and around Asia have backed a bill introduced in the US Congress that seeks to outlaw the ability of container shipping lines to collectively set freight rates on US services.

Aside from ending shipping lines' competition law immunity, the Ocean Carrier Antitrust Bill introduced by congressman James Oberstar would limit the surcharges shipping lines impose as well as ban other "deceptive" practices, reported the South China Morning Post.

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