Jump to content
Your browser is out of date. It has known security flaws and may not display all features of this websites. Learn how to update your browser[Close]

Freight cartel


Swiss commission fines airlines for price-fixing


Singapore Airlines is one of 11 carriers fined for freight price-fixing ()

Singapore Airlines is one of 11 carriers fined for freight price-fixing

The Swiss Competition Commission (COMCO) has fined 11 airlines for freight transport price-fixing. Swiss International Air Lines was also involved but will not be sanctioned because its sister company acted as a whistleblower.

The involved airlines – among them British Airways, Air France-KLM, Korean Airlines, SAS (Scandinavian Airlines) and Singapore Airlines –  will be fined a total of CHF11 million ($12.1 million) for agreeing on freight rates, fuel surcharges, war risk surcharges, customs clearance surcharges for the United States and on the commissioning of surcharges.

Lufthansa Airlines, of which Swiss International Air Lines is a subsidiary, was also involved but gained immunity from fines by bringing the cartel to authorities’ attention. Swiss also gained immunity as a result.

The carriers fined by COMCO are Korean Air Lines, Atlas Air Worldwide Holdings, American Airlines, United Continental Holdings, SAS, Japan Airlines, Singapore Airlines, Cathay Pacific Airways, Cargolux Airlines International and British Airways.

The investigation into the airline price fixing has been especially complex because so many of the companies involved have air transport agreements in place with third-party states. Switzerland, for example, is part of an air transport agreement with the European Union, which allows for partial integration in transporting goods by air. Therefore, in the proceedings, COMCO had to consider Swiss laws against cartels as well as EU competition rules. 

The US Department of Justice and the EU Commission were also involved in investigating and sanctioning the airlines’ activities. 

swissinfo.ch and agencies



Links

Copyright

All rights reserved. The content of the website by swissinfo.ch is copyrighted. It is intended for private use only. Any other use of the website content beyond the use stipulated above, particularly the distribution, modification, transmission, storage and copying requires prior written consent of swissinfo.ch. Should you be interested in any such use of the website content, please contact us via contact@swissinfo.ch.

As regards the use for private purposes, it is only permitted to use a hyperlink to specific content, and to place it on your own website or a website of third parties. The swissinfo.ch website content may only be embedded in an ad-free environment without any modifications. Specifically applying to all software, folders, data and their content provided for download by the swissinfo.ch website, a basic, non-exclusive and non-transferable license is granted that is restricted to the one-time downloading and saving of said data on private devices. All other rights remain the property of swissinfo.ch. In particular, any sale or commercial use of these data is prohibited.

×