COMPETITION AND CONSUMER ACT 2010 - SECT 10.04 Application of section 46 in relation to conference agreements
COMPETITION AND CONSUMER ACT 2010 - SECT 10.04
Application of section 46 in relation to conference agreements(1) For the purposes of section 46, if the parties to a conference agreement together have a substantial degree of power in a market in which any party to the agreement provides international liner cargo shipping services under the agreement, each party to the conference agreement shall be taken to have a substantial degree of power in the market.
(2) In subsection (1):
"conference agreement" means an agreement between members of a conference in
relation to international liner cargo shipping services provided, or proposed
to be provided, by them, and includes an agreement that varies such an
agreement.