Citing Price-Fixing, Switzerland Fines Cargo Airline Cartel $12M

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...

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