Lawsuits Put Heat on Air Cargo Carriers

Law360, New York (February 22, 2006, 12:00 AM EST) -- Two lawsuits filed last week in U.S. District Court in Brooklyn charge that the world’s major airlines colluded in fixing surcharge rates on air cargo as early as January 2000, and used the Sept. 11 terrorist attacks as an excuse to increase prices.

Immediately following a Feb. 14 raid on more than a dozen air cargo airlines by officials from the U.S. Federal Bureau of Investigation, the European Union competition directorate and South Korea’s competition regulator, two companies that ship internationally are seeking class action status...
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