S. African, Singapore Airlines Pay $6M In 2 Collusion Fines

Law360, New York (March 26, 2012, 7:13 PM EDT) -- South African Airways (Pty) Ltd. and Singapore Airlines Ltd. agreed Monday to pay a combined $5.8 million in fines over allegations that the companies fixed prices for flights between Johannesburg and Hong Kong, according to South Africa's antitrust regulator.

South Africa's Competition Commission said the fines would resolve the investigation into the two airlines, which began in January 2008 when Hong Kong-based airline Cathay Pacific came forward with information on the scheme in exchange for leniency. South African Airways will pay $2.5 million, and Singapore Airlines...
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