After a seven-year investigation, Switzerland has fined 11 airlines 11 million Swiss francs (US$12.2 million) for air cargo price-fixing. The charges relate to the period between 2000 and 2005 and involve colluding on freight rates, fuel surcharges, war risk surcharges, customs clearance surcharges for the U.S. and surcharge commissioning. Of the 11, the Swiss Competition Commission (Comco) imposed the highest fine on Air France-KLM, at 3.9 million Swiss francs. The other companies ...
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