Are the transaction costs theory's tools relevant for the analysis of the LAWFUL dissension between the European commission and the conference TACA?


Type de document
Résumé / Abstract
In this paper, the author wills analysis of one of the governance structures adopted by carriers, namely maritime conference. Since 1875, some carriers decided to join a conference agreement, in order to coordinate their activities in a fluctuating and demanding market in terms of technology and investments. Are the conferences the most effective form of organization? The maritime transport being rather technical as sector, the first part is devoted, initially, to a short description of the maritime and intermodal activity. The goal is to introduce the actors and difficulties specific to the sector. Then, the author will analyze the transport chain (its transactions) and some organization forms chosen by carriers, providers and shippers. In the second part, she analyzes the maritime conferences: their nature, their characteristics and their transactions. She will see that it is about a hybrid governance structure. Subsequently, she will expose the lawful dissension between conferences and the institutional environment in the shipping sector. These let to us conclude that a regulation reform is needed with respect to governance structures in the maritime and intermodal transport.

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