markis10
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MIDDLE Eastern airline Emirates has been ordered to pay a $10 million fine for price fixing by the Federal Court, as it continues to await regulatory approval for a codeshare deal with Qantas. The carrier is the tenth international airline to settle in the proceedings, which have resulted in $68 million in fines so far - the highest to have ever been ordered in an Australian Competition and Consumer Commission investigation.
The carrier was told to pay the fine for engaging in cartel conduct in breach of the Competition and Consumer Act 2010, relating to alleged price fixing of fuel and other surcharges.
The carrier was told to pay the fine for engaging in cartel conduct in breach of the Competition and Consumer Act 2010, relating to alleged price fixing of fuel and other surcharges.
