Australian Cargo Price-Fixing Probe Snags Korean Air

Law360, New York (March 5, 2010, 2:37 PM EST) -- Korean Air Lines Co. Ltd. has become the latest airline to be targeted by the Australian Competition and Consumer Commission as part of its probe into price-fixing in the air cargo industry.

The agency said in a statement Friday that it had initiated proceedings against Korean Air, making it the 12th airline under investigation in the probe. The ACCC said that a hearing in the matter has been set for April 1 in federal court in Sydney.

The ACCC alleges that from 2001 to 2006, Korean...
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