Business Daily from THE HINDU group of publications Monday, Mar 17, 2008 ePaper | Mobile/PDA Version |
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Airlines Probe into price-fixing by airlines
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. OUR BUREAU More Stories on : Airlines | Economic Offences
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