Qantas to pay fine for price-fixing
From Times Wire Services
Qantas Airways, Australia’s largest airline, became the third foreign airline this year to admit to price-fixing. It agreed to pay a $61-million fine to the U.S. government and to cooperate with the Justice Department’s continuing investigation.
Qantas sought to eliminate competition by fixing the rates for shipments of cargo to and from the U.S. from at least January 2000 through February 2006, according to charges filed in the U.S. District Court for the District of Columbia.
