NZ Competition Agency Targets Air Cargo Cartel

Law360, New York (December 15, 2008, 12:00 AM EST) -- New Zealand's competition regulator said Monday it has launched court proceedings in the country's High Court against 13 international airlines for allegedly engaging in what it called “an extensive and long-term cartel” involving fuel surcharges in the air cargo market.

The New Zealand Commerce Commission claims the airlines, including United Airlines Inc., British Airways Ltd. and Qantas Airways Ltd., colluded for more than seven years to raise the price of transporting cargo by slapping on uniform fuel surcharges.

The agency alleges the carriers entered into an...
To view the full article, register now.