Monday, March 20, 2017

European Commission Fines Air France KLM 310 Million Euros

The European Commission has fined Air France KLM 310 million Euros for price fixing and collusion in the air cargo market.  In total 11 airlines were fined with an amount of nearly 800 million Euro.  The airlines had been charged with making secret agreements between 1999 and 2006.

1 comment:

Lewis Clark said...

Oh this is so sad and bad for a country like Netherland. I don't know about the concerns of the Govt. and the higher command, but 800 million Euro fine seems like much bigger. Isn't?