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Ending Antitrust Exemptions for Ocean Shipping Companies

This bill aims to remove special antitrust exemptions for ocean shipping companies. This means these companies will be subject to the same competition rules as other industries, potentially affecting the prices and availability of shipping services, and consequently the costs of imported and exported goods.
Key points
Ocean shipping companies will lose special antitrust exemptions, potentially increasing competition.
The Federal Maritime Commission will be able to analyze and provide views on mergers and acquisitions in the ocean shipping industry to assess their impact on competition and trade.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_1696
Sponsor: Rep. Costa, Jim [D-CA-21]
Process start date: 2023-03-22
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Ocean Shipping Antitrust Enforcement Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_1696.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-03-22.

What are the main provisions?

Key points include:

  • Ocean shipping companies will lose special antitrust exemptions, potentially increasing competition.
  • The Federal Maritime Commission will be able to analyze and provide views on mergers and acquisitions in the ocean shipping industry to assess their impact on competition and trade.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Costa, Jim [D-CA-21].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Coast Guard and Maritime Transportation.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Economy Transport Courts and Law