BA Execs Acquitted In UK Price-Fixing Case

Law360, New York (May 10, 2010, 4:08 PM EDT) -- A London jury on Monday acquitted four British Airways PLC employees accused of conspiring with Virgin Atlantic Airways Ltd. to fix the price of plane tickets after the U.K.'s competition watchdog withdrew its claims against the executives based on new evidence it received last week.

After two weeks of trial, a jury at Southwark Crown Court found Martin George, Andrew Crawley, Alan Burnett and Iain Burns not guilty based on the U.K. Office of Fair Trading's move, which the regulator said stemmed from a trove of...
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Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.