Federal Meeting
Pier Pressure: Regulation and Competition in Maritime Shipping
March 18, 2026
The House Judiciary GOP Subcommittee held a hearing on March 18, 2026, to examine the statutory antitrust exemption under the 1916 Shipping Act and its impact on competition and consumers in the maritime shipping industry. Witnesses discussed the high concentration of market power among three major global shipping alliances controlling up to 90% of U.S. transatlantic and transpacific trade, the lack of enforcement by the Federal Maritime Commission (FMC) despite its authority, and the potential anti-competitive risks posed by these alliances. Testimony highlighted the challenges faced by U.S. exporters, particularly in agriculture and dairy, due to limited carrier options and opaque scheduling practices. Several experts advocated for repealing or reforming the antitrust exemption to allow the Department of Justice (DOJ) and Federal Trade Commission (FTC) to scrutinize ocean carrier agreements more effectively. The hearing also touched on broader concerns about antitrust enforcement, political interference in the DOJ, and the impact of tariffs and market concentration on American consumers. While the shipping exemption was the focus, some members emphasized the need to address wider affordability and competition issues affecting consumers across multiple sectors.
Sources
- Pier Pressure: Regulation and Competition in Maritime Shipping · House Judiciary GOP · Mar 18