I don't think its a shameful reflection on our industry at all. Its highly hypocritical - cartels and price fixing exist everywhere you look.
The EU is one of the most corrupt organisations on the planet, and it sticks in my craw that they seem to think they can judge others. If they want to go on this sort of crusade fine, but lets have it across the board not just us and the car industry.
This is just another tax from an organisation thats got a rabid dislike of the airline industry.