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ACCC charges Emirates with airfreight fixing

ACCC charges Emirates with airfreight fixing article image
The Australian Competition and Consumer Commission (ACCC) today launched proceedings against international airline Emirates after an investigation over whether the airline colluded with others to fix air cargo prices. The ACCC suspects that between 2002 and 2006, "Emirates entered into arrangements or understandings with other international air cargo carriers that had the purpose and effect of fixing the price of certain fuel surcharges, security surcharges and rates that were applied to air cargo carried by Emirates and other airlines." Routes to countries including Singapore, Indonesia, Hong Kong, United Arab Emirates and India may have been affected. The ACCC charge against Emirates follows high profile cases against Qantas and British Airways, as well as financial penalties totalling $41 million against Air France, KLM, Martinair and Cargolux. Court proceedings against Emirates will start next month. Cases against Singapore Airlines and Cathay Pacific are still being heard.

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