Australia Fines Airlines $16M In Price-Fixing Probe

Law360, New York (February 17, 2009, 12:00 AM EST) -- A federal court in Australia has agreed to the request of the Australian Competition and Consumer Commission and fined three airlines $16 million for their alleged roles in a global fuel surcharge cartel, the regulator said Monday.

The Federal Court in Sydney ordered Martinair Holland NV and Cargolux International Airlines SA to pay $5 million each for their alleged roles in the price-fixing cartel, ACCC said.

The court also told Air France-KLM to pay $6 million. The ACCC said the fine reflects the combined ownership of...
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