BA Admits Surcharges Violate Antitrust Laws

Law360, New York (May 18, 2007, 12:00 AM EDT) -- British Airways has admitted to breaching antitrust laws through inflated fuel surcharges and has set aside $691.1 million to settle all regulatory and civil claims, the airline said in an earnings announcement Friday.

British Airways has been under investigation by the U.S. Department of Justice, the European Commission and the UK Office of Fair Trading regarding anti-competitive activity on long haul passenger and cargo fuel surcharges.

“British Airways has a long-standing, clear and comprehensive competition compliance policy. This policy requires all staff to comply with the...
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