Airline Trade Organization May Lose Antitrust Exemption

Law360, New York (July 5, 2006, 12:00 AM EDT) -- The U.S. Department of Transportation is seeking to revoke antitrust immunity for an international standards-setting body that influences passenger fares and cargo rates for many international flights.

At issue are the tariff-coordination meetings held by the International Air Transport Association (IATA), a Montreal, Canada-based trade organization representing more than 260 airlines.

The U.S. agency has authority to grant antitrust immunity to certain groups and meetings. The IATA has such immunity, but the DOT has filed a show-cause order signaling its interest in ending the deal....
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