OBS_VALUE: Liner shipping companies can conclude conference agreements. Such agreements might be given partial and conditional exemptions from cartel conduct if registered and upon negotiation with designated shipping bodies. In particular, conference agreements are granted exemption from Sections 45 and 47 of the Competition and Consumer Act 2010. The ACCC released in December 2019 its discussion paper, and consulted industry, on the repeal of Part X of the Competition and Consumer Act 2010 and the form and substance of a replacement block (class) exemption for liner shipping agreements (that meet a minimum standard of pro-competitive features) which might otherwise breach the competition provisions of Part IV of the Act. 