Malaysia Airlines Unit To Pay Australia $6M For Cargo Cartel

Law360, New York (June 14, 2012, 12:04 PM EDT) -- An Australian judge ordered Malaysia Airlines Cargo Sdn. Bhd. to pay AU$6 million (US$5.99 million) Thursday for participating in an air freight price-fixing cartel, the ninth airline to settle charges brought by that country's competition watchdog.

Justice Arthur Robert Emmett ordered the Malaysia Airlines affiliate to fork over the penalty for conspiring with other international airlines to fix surcharges and fees on air freight carried by the airline. He also restrained the airline from similar conduct for five years and ordered it to pay AU$500,000 of...
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