Price Fixing on Cargo by Japan Airlines and Air New Zealand: Australia’s Accusation
Japan Airlines and Air New Zealand on Monday saw an accusation coming from Australia, regarding their involvement in price fixing on air cargo, bringing to 15 the number of carriers that are being pursued by the country's corporate supervisory authority on the problem.
The Australian Competition and Consumer Commission stated that it had started authorized procedures against the corporations for purportedly conspiring with other airlines, in order to fix the intensity of definite surcharges between 2002 and 2006.
The ACCC stated that these understandings had the reason or outcome of setting up the price of a petroleum surcharge and a security surcharge that were related to air cargo that was carried by them and other airlines.
The supervisory body is already following a few of the world's foremost airlines over suspected price-fixing by their cargo wings, which includes Singapore Airlines Cargo, Cathay Pacific and Emirates.
The ACCC has been able to win cases against a number of airlines that it accused of fuel surcharge price-fixing, by winning penalties of 20 million dollars or 17.5 million US and five million dollars from Qantas and British Airways correspondingly.
Air France and KLM, which have now amalgamated plus Martinair and Cargolux, were ordered to reimburse a sum of 21 million dollars, in separate proceedings.
Other airlines that are facing lawful action are PT Garuda Indonesia, Thai Airways, Korean Air Lines and Malaysia Airlines.
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