ACCC Rejects Air Canada, Air NZ Flight Pact

Law360, New York (November 20, 2008, 12:00 AM EST) -- Australia's competition regulator has frowned on a cooperation agreement between Air Canada and Air New Zealand Ltd., saying the pact would harm competition on the Australia-to-Canada flight route.

The Australian Competition and Consumer Commission issued a draft determination Wednesday to deny the airlines authority to implement the five-year joint venture.

“Air New Zealand and Air Canada are two of the four main carriers on the route,” ACCC Chairman Graeme Samuel said. “On balance, the ACCC considers that the public benefits of the cooperation agreement are not...
To view the full article, register now.