The situation is throwing a spotlight on the market concentration of shipping lines, and their legal immunity from antitrust laws.
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Supply chain issues and high shipping rates have thrown a spotlight on the market concentration of shipping lines and their legal immunity from antitrust laws.
(Bloomberg) Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers and leaving smaller companies and their customers from Spain to Sri Lanka paying more for just about everything.