Rolling Seas in Liner Shipping

Rolling Seas in Liner Shipping This paper examines the current economic environment and recent legislative changesin the U.S. international liner shipping industry, which has operated under antitrustimmunity for cartel agreements since 1916. Specifically, we address the impact ofthe Ocean Shipping Reform Act (OSRA) of 1998, which increased cartel enforcementcosts by reducing the transparency of freight rates and mandating that cartel membershave independent contracting rights. Our analysis looks at industry trends andinvestigates whether OSRA has affected cartel membership, contracting practices,horizontal integration, and freight rates. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Industrial Organization Springer Journals

Rolling Seas in Liner Shipping

Loading next page...
 
/lp/springer_journal/rolling-seas-in-liner-shipping-fiRF8O0Ajj
Publisher
Kluwer Academic Publishers
Copyright
Copyright © 2002 by Kluwer Academic Publishers
Subject
Economics; Industrial Organization; Microeconomics
ISSN
0889-938X
eISSN
1573-7160
D.O.I.
10.1023/A:1013315132628
Publisher site
See Article on Publisher Site

Abstract

This paper examines the current economic environment and recent legislative changesin the U.S. international liner shipping industry, which has operated under antitrustimmunity for cartel agreements since 1916. Specifically, we address the impact ofthe Ocean Shipping Reform Act (OSRA) of 1998, which increased cartel enforcementcosts by reducing the transparency of freight rates and mandating that cartel membershave independent contracting rights. Our analysis looks at industry trends andinvestigates whether OSRA has affected cartel membership, contracting practices,horizontal integration, and freight rates.

Journal

Review of Industrial OrganizationSpringer Journals

Published: Oct 13, 2004

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 12 million articles from more than
10,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Unlimited reading

Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.

Stay up to date

Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.

Organize your research

It’s easy to organize your research with our built-in tools.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve Freelancer

DeepDyve Pro

Price
FREE
$49/month

$360/year
Save searches from Google Scholar, PubMed
Create lists to organize your research
Export lists, citations
Read DeepDyve articles
Abstract access only
Unlimited access to over
18 million full-text articles
Print
20 pages/month
PDF Discount
20% off