Australia fine Air France-KLM for price-fixing
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Australia’s Federal Court has fined four Europe-based airlines a total of AU$16 million (US$10.5 million) for price fixing, the Australian newspaper has reported.
Air France-KLM was fined AU$6 million each after admitting having fixed fuel surcharges in the air cargo market, the report quoted the Australian Competition and Consumer Commission (ACCC) saying.
Martinair of the Netherlands and Luxembourg-based Cargolux International were each fined AU$5 million after making similar admissions, the report added.