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Latest Anti-competitive behaviour Stories

2008-08-08 06:00:42

By ALASTAIR DALTON FOUR past and present British Airways executives could face up to five years in jail after they were charged with price-fixing over fuel surcharges. The move against Andrew Crawley, the airline's head of sales, and three former executives, follows an Office of Fair Trading (OFT) investigation into illegal agreements between BA and its rival, Virgin Atlantic, between 2004 and 2006. The others are Martin George, a former commercial director, Iain Burns, a former head...

2008-08-07 18:01:12

Britain's Office of Fair Trading charged four current and former British Airways executives with price fixing Thursday, officials said. The four were charged with fixing fuel surcharges on long-distance passenger flights, The Daily Mail reported Thursday. The four include head of sales Andrew Crawley and former executives Martin George, Iain Burns and Alan Burnett. Regulators allege the four colluded with rival airline Virgin Atlantic executives, who weren't charged due to Virgin...

2008-08-07 15:00:49

By WATT, Emily CASH-STRAPPED motorists are unlikely to receive any respite from a Government report into petrol pricing. The report, due out today, is expected to include little evidence of anti-competitiveness in the industry -- dashing one of the main hopes for government intervention. It was hoped a previous Australian inquiry -- which resulted in the trial of the Fuelwatch scheme that advises motorists in advance of price rises -- could offer ways to improve competition in New...

2008-07-22 21:00:34

MOSCOW. July 22 (Interfax) - The U.S. is against the idea of setting up a gas cartel similar to OPEC, U.S. Special Envoy for Eurasian Energy Boyden Gray told Interfax. "We are not in favor of cartels of any kind," Gray said. "I have been told [and] taught for some time that natural gas is not a natural product for such a cartel like [an] entity in part because it's not yet a fungible commodity. I've been in Qatar where they are quite explicit - the Qataris are - because of the long- term...

2008-07-03 09:01:08

Ireland's monopoly watchdog, the Competition Authority, has said that it wants to boost competition in the country's retail fuel market by making it easier for service stations to switch suppliers, according to the Irish Times. The Competition Authority has said that an overall ban on exclusive agreements between suppliers and retailers does not apply to most service stations and oil firms which supply them. The exemption applies to suppliers who have made a sizeable investment in the...

2008-06-27 15:02:43

By RICHARD NEWMAN, STAFF WRITER SAS Cargo Group, which has its U.S. hub at Newark Liberty International Airport, is one of four international freight carriers that have agreed to pay a combined $504 million to settle charges they ripped off U.S. customers in a price-fixing scam. The U.S. Justice Department said Thursday that Air France-KLM, Cathay Pacific Airways, Martinair Holland and SAS pleaded guilty to accusations that they conspired to fix cargo rates on shipments. The plea...

2008-06-27 09:02:54

EU fines aluminum fluoride producers for price fixing BRUSSELS, June 25 (Xinhua) -- The European Commission Wednesday fined aluminum fluoride producers 4.97 million euros (7.7 million U.S. dollars) for price fixing. Six companies from Italy, Switzerland, Tunisia, Mexico and Norway were found to have set worldwide target prices and divided markets in the second half of 2000, creating a cartel. The Commission said its investigation was triggered by an application for immunity from...

2008-06-26 15:02:47

WASHINGTON, June 26 /PRNewswire-USNewswire/ -- The following are remarks prepared for delivery by Associate Attorney General Kevin O'Connor at press conference regarding air cargo: Good morning. Thank you for being here. With me today are Scott Hammond, Deputy Assistant Attorney General for the Antitrust Division's Criminal Enforcement Program and Joe Persichini, Assistant Director in Charge of the FBI's Washington Field Office. We are here to announce significant new developments in...

2008-06-26 15:01:45

Several international airlines agreed to plead guilty and pay fines totaling $504 million in a cargo rate price-fixing case, the U.S. Justice Department said. Air France-KLM Royal Dutch Airlines -- now operating under common ownership -- agreed to pay a $350 million criminal fine, the second-highest fine in a criminal antitrust prosecution, the department said Thursday in a release. Documents filed with the U.S. District Court for the District of Columbia indicate the airlines conspired...

2008-06-13 21:00:17

By Peter Rakobowchuk, THE CANADIAN PRESS MONTREAL - Angry Quebecers demanded Friday that gas companies lower the price of fuel at the pumps after news that some of them had acknowledged fixing prices. "Companies are making too much profit," Manon Fairfield complained as her husband filled up at a Shell station in downtown Montreal. "It's always the average person who pays more, while the big companies get more cash. They should just be satisfied with a small profit." Fairfield's...


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ramage
  • Boughs or branches.
  • Warbling of birds in trees.
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