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US FMC and DoJ sign MOU to collaborate on antitrust issues

The US Federal Maritime Commission (FMC) and the antitrust division of the Department of Justice have signed a 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 review law enforcement and regulatory matters affecting competition in the shipping industry, and to share information and expertise.

The MOU comes in succession to the executive order addressing competition issued on July 9 by president Biden.

Signing on behalf of the FMC, chairman Daniel Maffei said, “This memorandum between the commission and the Department of Justice supplements and strengthens the FMC’s ability to detect, address and pursue violations of the law or anticompetitive behaviour by those we regulate.”

“Our partnership with the FMC is one of the many ways in which the antitrust division is prepared to play its role in achieving the competition objectives of the president’s competition executive order,” said acting assistant attorney general Richard Powers.

Kim Biggar

Kim Biggar started writing in the supply chain sector in 2000, when she joined the Canadian Association of Supply Chain & Logistics Management. In 2004/2005, she was project manager for the Government of Canada-funded Canadian Logistics Skills Committee, which led to her 13-year role as communications manager of the Canadian Supply Chain Sector Council. A longtime freelance writer, Kim has contributed to publications including The Forwarder, 3PL Americas, The Shipper Advocate and Supply Chain Canada.
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