The rationale for this exemption is the creation of market stability by taking control of fluctuations in prices to a better extent as compared to individual liners or lining conferences setting variant prices individually . This in turn ensures reliability for consumers . As aforementioned , this regulation has been repealed effective October 2008 . This means the reversion to the operation of Article 81 (1 ) of the European Community Treaty preventing cartels , involving EC and non-EC conferences , from operating cartels within the EC...
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