Bearing in mind recent EU case law which rules that vessel supply management is permitted only on condition that it does not create artificial demand in conjunction with freight rate increases and the power of conferences to fix freight rates is restricted to a significant extent, it may be said that the four cumulative criteria of Article 81(3) of the Treaty have been met, if only partially.
Bearing in mind recent EU case law which rules that vessel supply management is permitted only on condition that it does not create artificial demand in conjunction with freight rate increases and the power of conferences to fix freight rates is restricted to a significant extent, it may be said that the four cumulative criteria of Article 81(3) of the Treaty have been met, if only partially.