Australia Fines Japan Air $5.8M For Cargo Cartel

Law360, New York (April 11, 2011, 1:33 PM EDT) -- Australia's competition regulator on Monday fined Japan Airlines Co. Ltd. AU$5.5 million (US$5.8 million) for its role in an air cargo cartel, making it the seventh airline penalized by Australia in the probe.

According to a statement by the Australian Competition and Consumer Commission, the Federal Court in Melbourne ordered the fine based on Japan Airlines' admission of its role.

"This outcome continues to send a clear message to those involved in cartel behavior — the ACCC will not stop its endeavors to identify and bring...
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