Canada Slaps South American Air Cargo Firm For Price-Fixing

Law360, New York (August 21, 2013, 1:33 PM EDT) -- LATAM Airlines Group SA will pay CA$975,000 ($933,000) to the Canadian government after pleading guilty to charges that it participated in an international air cargo price-fixing conspiracy, the country's antitrust authorities announced Tuesday.

Santiago, Chile-based LANTAM is the latest carrier to be affected by the Canadian Competition Bureau's dragnet of the air cargo industry, which has yielded CA$25 million in fines from nine offending companies, according to the agency.

“Where there are substantiated allegations of wrongdoing in the marketplace, the bureau will not hesitate to take...
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