Posted in Competition Law

Mededinging: Commissie keurt besluit opnieuw goed en legt luchtvrachtbedrijven 776 miljoen EUR geldboeten op voor kartel met prijsafspraken

Cartel between Air Canada , Air France-KLM , British Airways , Cargolux , Cathay Pacific Airways , Japan Airlines , LAN Chile , Martinair , Qantas , SAS and Singapore Airlines.

After a first successful appeal on 2015 (for procedural error, although nothing had been ruled on the existence of the cartel). The Commission now repealed such fines without that procedural errors and fines are so distirbuted:

Fine leniency Discount
(EUR) *
Air Canada 21.0375 million 15%
Air France 182 920 000 20%
KLM 127 160 000 20%
Martinair 15.4 million 50%
British Airways 104 040 000 10%
Cargolux 79.9 million 15%
Cathay Pacific Airways 57.12 million 20%
Japan Airlines 35.7 million 25%
LAN Chile 8.22 million 20%
SAS 70.1675 million 15%
Singapore Airlines 74.8 million
Lufthansa 0 100%
Swiss International Air Lines 0 100%

Source

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Junior Legal Counsel with a remarkable lust for legal and business knowledge

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