3 more airlines settle in cargo price-fixing investigation

04/10/2009 | Wall Street Journal, The

Three more international airlines have agreed to pay fines totaling $214 million in a long-running price-fixing case. Following the settlements with Asiana Airlines, Cargolux Airlines International and Nippon Cargo Airlines, the Justice Department has reached agreements with 15 carriers paying $1.6 billion in fines. In addition to coordinating cargo rates, Asiana was accused of fixing fares on passenger tickets between the U.S. and South Korea.

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Wall Street Journal, The

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