Ocean Shipping Competition Enforcement Act

Bill 118 hr 2710, also known as the Ocean Shipping Competition Enforcement Act, aims to address issues of competition within the ocean shipping industry. The bill was introduced in the House of Representatives on May 13, 2021, by Representative John Garamendi from California.

The main purpose of this bill is to enhance competition and transparency in the ocean shipping industry by prohibiting certain unfair and discriminatory practices. These practices include unjustly refusing to deal with certain shippers, providing preferential treatment to certain customers, and engaging in price discrimination.

Additionally, the bill seeks to strengthen enforcement mechanisms by authorizing the Federal Maritime Commission (FMC) to investigate and take action against violations of these prohibitions. The FMC would have the authority to impose civil penalties on violators and seek injunctive relief to prevent further violations. Furthermore, the bill includes provisions to improve reporting requirements for ocean carriers, requiring them to provide more detailed information on their rates, charges, and service contracts. This increased transparency is intended to help shippers make more informed decisions and promote fair competition within the industry. Overall, the Ocean Shipping Competition Enforcement Act aims to promote a more competitive and transparent ocean shipping industry by prohibiting unfair practices, strengthening enforcement mechanisms, and improving reporting requirements. If passed, this bill could have a significant impact on the way ocean carriers conduct business and interact with their customers.