PPRuNe Forums - View Single Post - Qantas will be dead in 6 months
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Old 4th May 2009, 14:51
  #184 (permalink)  
heads_down
 
Join Date: May 2009
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Dixon still walks away with millions despite not knowing , as a CEO that his company was engaged in price fixing cartel. How could a company be so big that the CEO does not know that it is engaged in price fixing?

yet few sick days and you have managers hounding you and calling you and sending you letters...and clause 11 for trivial matters such as nuts and chocolates

But price fixing, a criminal offense was left unchecked?

The judgement from the European courts will be out next month on how many millions in Euros will Qantas be fined , followed by New Zealand Authorities on how much Qantas will be fined.

The European fine will hurt Qantas bottom line, EEC have been known to hand down very very painful fines for price fixing.

precedence in the past included a percentage of the profit as fines during the entire period of the criminal offense. With Euro so strong as a currency, that could mean more than the US fines.
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