Eight air cargo carriers including South African Airways Cargo face allegations of fixing the price of fuel surcharges and freight rates for cargo flown in and out of South Africa. The South African Competition Commission has asked the country's Competition Tribunal to impose an administrative penalty of 10 per cent of annual turnover on each of the carriers involved. Other cargo carriers facing price fixing allegations include British Airways World Cargo, Air France Cargo, KLM Cargo, Alitalia … [Read more...] about South Africa’s turn for price-fixing allegations
price fixing
Price-fixing investigation spreads to SA
South Africa's Competition Commission has referred eight air cargo carriers to the Competition Tribunal for alleged collusive behaviour that took place over a ten-year period, from 1996 to 2006. The companies face allegations of fixing the price of the fuel surcharges and include: British Airways, South African Airways Cargo, Air France Cargo-KLM Cargo, Alitalia Cargo, Cargolux International, Singapore Airlines, Martinair Cargo and Lufthansa Cargo. Further, Lufthansa, Cargolux, Air France, and … [Read more...] about Price-fixing investigation spreads to SA
Air France-KLM settles US class action suit
Air France and Dutch partners KLM and Martinair have said they have reached a settlement with plaintiffs on a US civil class action suit brought against them for conspiring to fix air cargo rates. But the settlement does not affect the outcome of a European Union (EU) anti-trust probe, which is still pending. "Pending its approval by the US court, the accord, in exchange for payment of US$87 million (€69 million), ends all civil action against the three companies ... concerning the US air … [Read more...] about Air France-KLM settles US class action suit
MAS faces Australian price fixing charges
The Australian Competition and Consumer Commission (ACCC) has instituted proceedings in the Federal Court against Malaysia Airlines and its wholly-owned cargo subsidiary MASkargo. Malaysia Airlines is the 13th carrier to be investigated in ACCC proceedings for alleged price fixing in the air cargo industry. The ACCC alleges that between 2001 and 2006, the carrier and its cargo arm entered into arrangements or understandings with other international cargo airlines that had the purpose or effect … [Read more...] about MAS faces Australian price fixing charges
MASkargo hit by price fixing complaint in US
Malaysia Airlines (MAS) has been served with a complaint by a US court over allegations of price fixing on US cargo shipments. MAS said its offices in the US were served with the complaint, which was filed by Benchmark Export Services and six other plaintiffs against MAS and 11 other defendants. "The case involves allegations of price fixing on airfreight shipping services and related surcharges," it said, adding it was seeking legal advice in relation to the complaint … [Read more...] about MASkargo hit by price fixing complaint in US
Oz competition authority goes after Thai
Australia's competition regulator has started court action against Thai Airways International, part of an ongoing investigation into alleged price fixing in the air cargo industry. The Australian Competition and Consumer Commission (ACCC) said in a statement on Wednesday that it alleges that between 2001 and 2006, Thai Airways entered into arrangements or understandings with other international air cargo carriers in specific countries that had the purpose or effect of fixing the price of fuel … [Read more...] about Oz competition authority goes after Thai
