Airline cartel faces huge EU damages claim

Author (Person) ,
Series Title
Series Details 30.9.10
Publication Date 30/09/2010
Content Type

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.

Related Links
BBC News, 29.9.10: Air France-KLM faces legal claims it fixed cargo rates http://www.bbc.co.uk/news/business-11438941

Subject Categories ,
Countries / Regions