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Airlines Charged In New Zealand's Air Cargo Probe

Law360 (July 17, 2008, 12:00 AM EDT) -- New Zealand's competition regulatory agency filed criminal charges on Wednesday against three international airlines, alleging that they failed to cooperate in an investigation into possible price-fixing in the air cargo industry.

The country's Commerce Commission said that it had filed charges against Cathay Pacific Airways, Singapore Airlines Cargo Pte. Ltd. and Aereolineas Argentinas. The allegations are of noncompliance with notices seeking documents and information issued under New Zealand's Commerce Act in October 2007.

Each airline faces fines of up to NZ$30,000 ($22,885) if the District Court...
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