US EditionEU Court Slaps Record-Breaking Fine on Air France and Partners in Cargo Cartel Crackdown
4 Articles
4 Articles
EU Court Slaps Record-Breaking Fine on Air France and Partners in Cargo Cartel Crackdown
The European Union’s top court has upheld a hefty fine imposed on Air France and several other airlines for their involvement in a cargo cartel, delivering a significant blow to the carriers’ legal battle. The decision marks a pivotal moment in the EU’s ongoing crackdown on anti-competitive practices within the aviation sector, reinforcing the bloc’s [...]
Several airlines, including Cargolux, were sentenced to high fines for illegal pricing. The case went to the highest European court. Now the final decision has been taken.
The European Court of Justice has dismissed the appeals by Air France-KLM, British Airways and almost all other airlines involved in the air cargo cartel proceedings, thereby making penalties totalling EUR 776 million final.
The Court of Justice of the European Union (CJEU) rejected on Thursday the appeals filed by twelve airlines sanctioned with around € 790 million in total for participating in a freight cartel between 1999 and 2006, but slightly reduced the amount of the fine imposed on SAS Cargo Group.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
