Ocean Shipping Cartels: A Survey
Liner shipping has been characterized by collusive agreements, called shipping conferences, since its founding in the mid-nineteenth century. This article surveys the competing models of shipping conferences, including monopolizing cartels and destructive competition models, and reviews a variety of their practices to see how much light they can shed on the profitability and efficiency of conferences.
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Volume (Year): 3 (2004)
Issue (Month): 2 (June)
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