Anti-cartel legislation good for Kiwi exportersBECK DIEFENBACH/REUTERS While the global shipping industry has seen massive consolidation, the ships are getting larger. Anti-cartel legislation has removed international shipping liners previous exemption from New Zealand's commerce watchdog. But a last minute change the the amendment to the Commerce Act granted them left wiggle room for international shipping companies to continue cutting costs by sharing vessels. CAREN FIROUZ/REUTERS New legislation gives exporters the right to complain to the commerce commission if shipping liners are engaging in anti-competitive behavior. He said it was because the shipping companies had been losing a lot of money and they needed to control capacity.

Source: Stuff August 19, 2017 22:52 UTC