Air NZ faces Australian competition authority price-fixing charges
AIR New Zealand faces charges from the Australian Competition & Consumer Commission for price fixing with other airlines in air cargo, reports Radio New Zealand.
The Federal Court has already ordered Cathay Pacific Airways and Singapore Airlines Cargo to pay A$23 million (US$24 million) in fines for engaging in fixing prices.
The conduct included an attempt by Singapore Airlines Cargo to fix rates for meat exports going to US and Australian troops stationed in the Middle East.
The ACCC took action against the two airlines as part of a broader cartel conduct case. The commission said the latest penalties bring the total amount of fines ordered against 12 airlines in the case to A$91 million.
Its actions against Air New Zealand and Garuda Indonesia remain before the Federal Court.
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