Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Price fixing
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
=== Air cargo market === In late 2005/early 2006, [[Lufthansa]] and [[Virgin Atlantic]] came forward about their involvement in large price-fixing schemes for cargo and passenger surcharges in which 21 airlines were involved since 2000 (amongst which were [[British Airways]], [[Korean Air]], and [[Air France-KLM]]). [[U.S. Department of Justice]] fined the airlines a total of $1.7 billion, charged 19 executives with wrongdoing and four received prison terms.<ref>{{cite news|last=Caldwell|first=Alicia A.|url=http://www.nbcnews.com/id/41926712 |title=21 airlines fined in price-fixing scheme|publisher=[[NBC News]]|date=March 5, 2011|access-date=January 20, 2023}}{{dead link|date=August 2024|bot=medic}}{{cbignore|bot=medic}}</ref> In December 2008, the [[Commerce Commission|New Zealand Commerce Commission]] filed legal proceedings against 13 airlines in the [[New Zealand High Court]]. According to the Commission, the carriers "colluded to raise the price of [freight] by imposing fuel charges for more than seven years".<ref name="Commerce Commission">{{cite press release|url=http://www.comcom.govt.nz/BusinessCompetition/Anti-competitivePractices/commercecommissionprocedureinaccor.aspx|title=Commerce Commission procedure in accordance with standard best practice|date=March 20, 2009|work=Release no 113|publisher=[[Commerce Commission]]|access-date=June 23, 2014|archive-url=https://web.archive.org/web/20090906183007/http://www.comcom.govt.nz/BusinessCompetition/Anti-competitivePractices/commercecommissionprocedureinaccor.aspx|archive-date=September 6, 2009}}</ref> In 2013 [[Air New Zealand]] was the final airline of the 13 to settle.<ref>{{cite press release|url=http://www.comcom.govt.nz/the-commission/media-centre/media-releases/detail/2013/air-new-zealand-final-airline-to-settle-with-commerce-commission-in-air-cargo-case|title=Air New Zealand final airline to settle with Commerce Commission in air cargo case|publisher=[[Commerce Commission]]|date=June 13, 2013|access-date=June 23, 2014|archive-url=https://web.archive.org/web/20141003141705/http://www.comcom.govt.nz/the-commission/media-centre/media-releases/detail/2013/air-new-zealand-final-airline-to-settle-with-commerce-commission-in-air-cargo-case|archive-date=October 3, 2014|url-status=dead}}</ref> The Commission noted that it might involve up to 60 airlines.<ref name="CC Dec 08">{{cite press release|url=https://comcom.govt.nz/case-register/case-register-entries/cargolux-airlines-international-sa/media-releases/international-air-cargo-cartel-to-be-prosecuted|title=International air cargo cartel to be prosecuted|date=December 15, 2008|publisher=[[Commerce Commission]]|access-date=June 23, 2014}}</ref> In 2009 the Commission said overseas competition authorities were also investigating the [[air cargo]] market, including the US and Australia where fines had been imposed.<ref name="Commerce Commission"/>
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Price fixing
(section)
Add topic