Probe into price-fixing by airlines

2008-3-17

According to e-Cargonews Asia, the European Union anti-trust regulator, has started a new probe into possible price-fixing by international airlines, this time looking at routes between the EU and Japan. The new probe extends recent EU anti-trust moves against airlines for apparently colluding on ticket prices, fuel duties and cargo. European Commission has information that European and Japanese passenger airlines, "may have taken part in anti-competitive price-fixin g and collusive behaviour in traffic between the EU and Japan." At least two European airlines conceded that their offices had been searched by anti-trust officials, adding that they were co-operating with the commission in full and would provide all the requested information.

Source: Business Line
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