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Emirates fined for price fixing

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Emirates fined for price fixing

Old 12th Oct 2012, 00:49
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Join Date: Apr 2001
Location: Sydney,NSW,Australia
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Devil Emirates fined for price fixing

Breaking news
Emirates cops $10m fine for freight cartel role

and more to come as the ACCC goes for the jugular!


Last edited by RampDog; 12th Oct 2012 at 01:36.
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Old 12th Oct 2012, 01:13
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The global cartel originated in 1996, when at least 17 airlines, including Qantas, introduced freight levies on air cargo to counter rising jet fuel costs.

The Australian regulator's legal action against Singapore Airlines, Cathay Pacific, Air New Zealand and Thai Airways is due to be heard in the Federal Court in Sydney from October 22.

The ACCC also has action proceeding against Garuda Indonesia following a High Court decision last month which found that the flag carrier was not eligible for foreign state immunity.




Seems like they were'nt alone.

halas
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Old 12th Oct 2012, 15:04
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That fine is a joke, right?

JAL paid $110M to the US DOJ a couple of years ago, BA paid something around $300M, and Australia is just NOW getting in on the scam?
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