Competition Law

  • Strict compliance with competition law is key.
  • The platform’s activities shall not extend beyond what is strictly necessary to achieve its legitimate objective of global compliance with IMO’s decision on the implementation of a global sulphur limit in marine fuels to avoid both competitive distortions resulting from uneven implementation of the global sulphur cap and reputational risks for the relevant industries.
  • In carrying out its objectives, the platform and its members shall comply strictly with all applicable competition laws. The platform shall not be used to facilitate anti-competitive behavior amongst members. Nothing in the platform shall be construed as limiting the freedom of the individual members to determine their commercial strategy on the relevant markets.