Cathay faces price-fixing claims

Posted by Yamna in Airline News on May 1st, 2009 | 428 views | no responses
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Cathay Pacific is the latest carrier to be targeted by legal action as a result of the Australian Competition & Consumer Commission’s ongoing investigation into air cargo price-fixing. The ACCC alleged yesterday that between 2000 and 2006, Cathay entered into more than 70 fuel surcharge price-fixing arrangements or understandings with other international air cargo carriers. The ACCC is seeking declarations, injunctive relief, pecuniary penalties and costs.

Source: www.theaustralian.news.com.au

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