Home | Business News | Browse by Publication | B | Business Travel News

U.S. DOJ, U.K. OFT explore long-haul airline price fixing charges.

Publication: Business Travel News
Publication Date: 17-JUL-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
British Airways revealed late last month that it is being investigated for alleged price fixing on transatlantic and other long-haul passenger services. The revelation follows a similar pattern to February's investigation of several airlines over cargo pricing and has resulted in the leave of absence of two BA executives, while spurring a pair of class action lawsuit filings in the United States--which extend allegations of price fixing and airline conspiracy to several domestic and international carriers.

BA said that both the U.S. Department of Justice and the U.K.'s Office of Fair Trading are probing "alleged cartel activity involving British Airways and other airlines in relation to pricing of passenger air transportation, including fuel surcharges."

American Airlines, United Airlines and Virgin Atlantic have said they are cooperating with the inquiry. American said it had "received a United States federal grand jury subpoena in connection with a government investigation into alleged price fixing in the air passenger industry." It added it had been told it was not the subject of the investigation.

A statement from BA said,...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Travel News
Advantage Rent-A-Car recruits national veteran Hemmert to be COO., July 17, 2006
Mastercard introduces benchmarking technology., July 17, 2006
Buyers need a global perspective to manage change: op-ed: national bus..., July 17, 2006
Suppliers must remember the beyond-contract value of partnership: op-e..., July 17, 2006
Regional TMC short's buys regional TMC executive., July 17, 2006

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.