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-   -   Emirates fined for price fixing (https://www.pprune.org/australia-new-zealand-pacific/497820-emirates-fined-price-fixing.html)

RampDog 12th Oct 2012 00:49

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!

http://users.tpg.com.au/nemtrans//NO...ing-c96718.jpg

halas 12th Oct 2012 01:13

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

sb_sfo 12th Oct 2012 15:04

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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