Monday, September 09, 2024

ACCC upholds price fixing fines against Garuda and Air NZ

The Australian Competition and Consumer Commission (ACCC) has upheld surcharge price fixing fines against Garuda Indonesia and Air New Zealand. The ACCC had taken action against 15 airlines, of which, 13 paid fines totalling $98.5 million, while Garuda and Air New Zealand appealed. Proceedings against Garuda and Air New Zealand were dismissed on 31 October […]

‘Contradictory’ price fixing cartel fine overturned

Fines of 790 million euros ($868 million) imposed by the European Commission against airlines for fixing fuel and security surcharges has been overturned, as the decision was ‘contradictory’. In 2010, the commission had fined Air Canada, Air France, British Airways, Cargolux, Cathay Pacific, Japan Airlines, LATAM Airlines Group, Martinair, Qantas, SAS Cargo and Singapore Airlines […]