HYDE TO CREEL: ANTITRUST IMMUNITY REPEAL STILL AN OPTION
House Judiciary Committee chairman Henry Hyde will retain the threat of
repealing ocean carriers’ antitrust immunity, the legislator said in a
letter to Federal Maritime Commission chairman Hal Creel.
The letter was sent shortly after Hyde completed hearings which focused
on alleged ocean carrier abuses in the inbound transpacific trade.
Hyde says he is still skeptical as to whether antitrust immunity
contributes to the well-being of the shipping industry.
"Ultimately, my judgment of any potential legislation (to repeal
antitrust immunity) will rest on the (carriers’) record as it develops
under OSRA," he said.