Japan Airlines To Pay $110M For Cargo Price-Fixing

Law360, New York (April 16, 2008, 12:00 AM EDT) -- Japan Airlines International Co. Ltd. has agreed to plead guilty and fork over a $110 million criminal fine for its role in a conspiracy to fix rates for international cargo shipments, the U.S. Department of Justice said Wednesday.

In a plea agreement filed in the U.S. District Court for the District of Columbia, JAL admitted to engaging in a conspiracy to eliminate competition by fixing the rates for international shipments of cargo to and from the United States and elsewhere between April 2000 and February 2006....
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