Brussels, 09/11/2010 (Agence Europe) - On 9 November 2010, the European Commission revealed the scale of fines on airlines involved in a price-fixing cartel for cargo services (reported on in the previous newsletter). Eleven airlines have been fined a total of €799.445,000 for involvement in the cartel that lasted from December 1999 to February 2006.
The companies met during this period to coordinate prices for fuel and security surcharges. Cartel members contacted each other so as to...