Latest Anti-competitive behaviour Stories
FOUR past and present British Airways executives face the possibility of up to five years in jail after trading chiefs yesterday brought price-fixing charges against them. The Office of Fair Trading charges refer to fuel surcharges from July 2004 to April 2006.
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.
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.
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.
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.
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.
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.
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.
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.
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.
- The practice of two or more parties jointly purchasing all or part of a butchered cow and dividing the meat between them.