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Ending Antitrust Exemptions for Ocean Shipping Companies

This act aims to remove special exemptions from antitrust laws for companies that transport goods by sea. This means these companies will be subject to the same competition rules as most other businesses, which could affect shipping costs and the availability of goods in stores.
Key points
Ocean shipping companies will no longer have special exemptions from fair competition rules.
This change could lead to more competition among ocean carriers, potentially lowering the cost of transporting goods.
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Additional Information
Print number: 117_HR_6864
Sponsor: Rep. Costa, Jim [D-CA-16]
Process start date: 2022-02-28