BA gets £121.5m price-fixing fine

Status
Not open for further replies.

Dave Noble

Senior Member
Joined
Oct 10, 2005
Messages
6,419
Points
0
BBC said:
British Airways has been fined £121.5m after it admitted price fixing of fuel surcharges on long-haul flights.
BA colluded with Virgin Atlantic over the surcharges, which were added in response to rising oil prices, the Office of Fair Trading (OFT) said.

The OFT and the US Department of Justice (DoJ) have been investigating the allegations since June last year.

Full article at BBC NEWS | Business | BA gets £121.5m price-fixing fine and Q&A at BBC NEWS | Business | Q&A: BA price fixing investigation

Dave
 
Now with contactless delivery, shop online to get drinks delivered to your door or pick up in-store in 30 minutes. Lowest Liquor Price Guarantee. Biggest Range.

AFF Supporters can remove this and all advertisements

Mal

Enthusiast
Joined
Dec 25, 2004
Messages
12,386
Points
1,065
I'm glad justice is served, but also think Virgin got off lightly with this one.

Anyone know if any compensation will end up being available to those ripped off by this illegal activity?
 

NM

Enthusiast
Moderator
Joined
Aug 27, 2004
Messages
16,487
Points
1,295
Qantas
LT Gold
Virgin
Red
Ouch ... ouch

That could have bought them several new aircraft! I bet the person who decided to call VS about the fuel fines is not very popular at BA :evil: .
 

oz_mark

Enthusiast
Joined
Jun 30, 2002
Messages
19,210
Solutions
5
Points
1,440
Mal said:
I'm glad justice is served, but also think Virgin got off lightly with this one.

Anyone know if any compensation will end up being available to those ripped off by this illegal activity?

Possibly, but given the way Justice Systems these days look after victims of illegal activity so well, I would guess that you would need to take your own legal action.
 

Dave Noble

Senior Member
Joined
Oct 10, 2005
Messages
6,419
Points
0
NM said:
Ouch ... ouch

That could have bought them several new aircraft! I bet the person who decided to call VS about the fuel fines is not very popular at BA :evil: .

I suspect that these were in the people whose employment was terminated a while ago when this was 1st reported

Dave
 
Status
Not open for further replies.

Enhance your AFF viewing experience!

From just $6 we'll remove all advertisements so that you can enjoy a cleaner and uninterupted viewing experience.

And you'll be supporting us so that we can continue to provide this valuable resource :)


Sample AFF with no advertisements? More..

Staff online

Top