EU Revokes Airline Association's Antitrust Exemption

Law360, New York (June 29, 2007, 12:00 AM EDT) -- The European Commission has revoked an antitrust exemption that shielded the International Air Transport Association, a group of airlines that sets prices on trips involving multiple carriers, from antitrust laws.

“IATA has not supplied data that would allow the Commission to conclude that an exemption would continue to benefit passengers,” the EC said on Friday. The exemption had been set to expire on that day, and the Commission chose not to renew it

Since 1993, European Union competition rules have allowed air carriers to agree on...
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