EC in new crackdown on price-fixing

Friday, 13 Mar, 2008 0

BRUSSELS – The European Commission has continued its crackdown on alleged price-fixing among airlines.

Reports yesterday confirmed that officials swooped on the offices of several international airlines, including Lufthansa, Air France and KLM, who are suspected of price-fixing on long-haul passenger flights to Japan.

“The Commission has reason to believe that the companies concerned may have violated EC rules on restrictive business practices,” it said in a statement that followed the release of a regulatory filing by Lufthansa admitting its offices were raided.

“The European Commission is conducting an investigation in the offices of Deutsche Lufthansa AG in Frankfurt today.

“According to information from the investigation decision, the
Commission has information that passenger aviation companies including Lufthansa in Europe and in Japan may have taken part in anticompetitive price-fixing and collusive behavior in traffic between the EU and Japan”.

Lufthansa said it is cooperating with the EC to provide “all the requested information”.

KLM yesterday also confirmed its offices had been searched in relation to “possible anticompetitive behaviour regarding passenger services on routes from Europe to Japan

The Commission stressed that the inspections did not necessarily mean the companies targeted were guilty.



 

profileimage

Ian Jarrett



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...