Author (Person) | Croft, Jane, Tait, Nikki |
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Series Title | Financial Times |
Series Details | 30.9.10 |
Publication Date | 30/09/2010 |
Content Type | News |
The largest European claim for damages resulting from cartel behaviour was launched on the 30 September 2010 when a writ was served on KLM and Air France. A group of companies led by Philips of the Netherlands and Ericsson of Sweden allege they have suffered more than €400m of damage as a result of price-fixing by KLM, Martinair and Air France. International competition watchdogs have been investigating a worldwide cartel, based around air freight traffic rates for the past four years. |
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Subject Categories | Business and Industry, Internal Markets |
Countries / Regions | Europe |