Wednesday, January 7, 2009

Posts Tagged ‘price fixing’

New Zealand's competition watchdog prosecutes 13 airlines for price-fixing

New Zealand’s competition watchdog prosecutes 13 airlines for price-fixing

Monday, December 15, 2008 19:46

The Commerce Commission of New Zealand, the country’s competition watchdog, has launched legal action against 13 airlines and 7 individuals for alleged price-fixing and “extensive and long-term cartel activity in the air-cargo market.”

This was posted under category: Controversy, Countries, Trouble  |  Read Full Story  |  0 Comments

Australian court fines Qantas Airways and British Airways for cargo price-fixing

Monday, December 15, 2008 10:54

The Federal Court of Australia has fined Qantas Airways, Australia’s national airline, Australian $20 million (US $13.1 million) after the airline admit that it engaged in price-fixing linked to international cargo fuel surcharges.

This was posted under category: Airlines, Controversy, Law  |  Read Full Story  |  0 Comments
Ex-executive of British Airways to serve 8-month prison sentence, pay fine for cargo price-fixing

Ex-executive of British Airways to serve 8-month prison sentence, pay fine for cargo price-fixing

Wednesday, October 1, 2008 19:02

A former executive of British Airways has agreed to serve eight months in prison and pay a fine of $20,000 (£11,200) for his role in a conspiracy to fix air-cargo prices.

This was posted under category: Airlines, Law  |  Read Full Story  |  0 Comments

Four major airlines fined $504 million for price-fixing of cargo

Saturday, June 28, 2008 16:28

Air France-KLM, the world's biggest airline, and three other airlines have been sentenced to pay total fines of US $504 million for having conspired to fix prices of air cargo.

This was posted under category: Airlines  |  Read Full Story  |  0 Comments