AC among others sued for price fixing
Dec 1, 2014, 8:28 pm
#1
Original Poster
Join Date: Jan 2004
Location: YUL
Posts: 969
Dec 1, 2014, 8:32 pm
#2
Suspended
Join Date: Sep 2014
Programs: AC SE100K-1MM, NH, DL, AA, BA, Global Entry/Nexus, APEC..
Posts: 18,877
And why such a difference between what the Canada fined Qantas versus the other countries?
"Over the six-year period, Qantas was fined by the US Department of Justice $65 million, the Canadian Competition Authority $155,000, the Australian Competition and Consumer Commission $20 million, the European Commission $12 million and the New Zealand Commerce Commission $4.8 million over the price-fixing cartel that the Flying Roo was part of."
Dec 1, 2014, 9:36 pm
#4
A FlyerTalk Posting Legend
Join Date: May 2002
Location: YEG
Programs: HH Silver
Posts: 56,449
Dunno about others but I've seen this topic appear, disappear and reappear for almost seven years.
http://www.flyertalk.com/forum/air-c...t=price+fixing
http://www.flyertalk.com/forum/air-c...t=price+fixing
http://www.flyertalk.com/forum/air-c...t=price+fixing
This new lawsuit by DB seems to be aimed at prompting the airlines, AC included, to pay compensation for cargo price fixing but is that likely since an EC fine was presumably paid in 2010?
http://www.flyertalk.com/forum/air-c...t=price+fixing
http://www.flyertalk.com/forum/air-c...t=price+fixing
http://www.flyertalk.com/forum/air-c...t=price+fixing
This new lawsuit by DB seems to be aimed at prompting the airlines, AC included, to pay compensation for cargo price fixing but is that likely since an EC fine was presumably paid in 2010?
Dec 2, 2014, 12:49 pm
#5
Join Date: Jun 2008
Posts: 4,187
And why such a difference between what the Canada fined Qantas versus the other countries?
"Over the six-year period, Qantas was fined by the US Department of Justice $65 million, the Canadian Competition Authority $155,000, the Australian Competition and Consumer Commission $20 million, the European Commission $12 million and the New Zealand Commerce Commission $4.8 million over the price-fixing cartel that the Flying Roo was part of."
"Over the six-year period, Qantas was fined by the US Department of Justice $65 million, the Canadian Competition Authority $155,000, the Australian Competition and Consumer Commission $20 million, the European Commission $12 million and the New Zealand Commerce Commission $4.8 million over the price-fixing cartel that the Flying Roo was part of."
Dec 2, 2014, 12:57 pm
#6
Join Date: Aug 2012
Location: ORD
Programs: AAdvantage
Posts: 106
Flyertalk "Must Read" Home Page Headline: "Multiple Airlines Sued for Price Fixing"
The actual thread had a meaningful title: "AC among others sued for price fixing"
But on the Flyertalk home page the headline was rewritten as: Multiple Airlines Sued for Price Fixing. By definition, price fixing is an activity undertaken by two or more entities.
I'd either say "13 Airlines Sued.." or "Airlines Sued..." but if price fixing is involved there will always be multiple.
But on the Flyertalk home page the headline was rewritten as: Multiple Airlines Sued for Price Fixing. By definition, price fixing is an activity undertaken by two or more entities.
I'd either say "13 Airlines Sued.." or "Airlines Sued..." but if price fixing is involved there will always be multiple.
Dec 2, 2014, 7:17 pm
#7
Join Date: Dec 2012
Location: Philadelphia
Programs: HH Diamond, IHG Plat, SPG & Marriott Gold, CC Silver
Posts: 541
Dec 3, 2014, 6:36 pm
#8
Join Date: May 2006
Location: MYF/CMA/SAN/YYZ/YKF
Programs: COdbaUA 1K MM, AA EXP, Bonbon Gold, GHA Titanium, Hertz PC, NEXUS and GE
Posts: 5,839
And why such a difference between what the Canada fined Qantas versus the other countries?
"Over the six-year period, Qantas was fined by the US Department of Justice $65 million, the Canadian Competition Authority $155,000, the Australian Competition and Consumer Commission $20 million, the European Commission $12 million and the New Zealand Commerce Commission $4.8 million over the price-fixing cartel that the Flying Roo was part of."
"Over the six-year period, Qantas was fined by the US Department of Justice $65 million, the Canadian Competition Authority $155,000, the Australian Competition and Consumer Commission $20 million, the European Commission $12 million and the New Zealand Commerce Commission $4.8 million over the price-fixing cartel that the Flying Roo was part of."
Dec 3, 2014, 10:09 pm
#9
Join Date: Sep 2014
Location: sqrt(-united states of apologist)
Programs: *$ Green
Posts: 5,403
And why such a difference between what the Canada fined Qantas versus the other countries?
"Over the six-year period, Qantas was fined by the US Department of Justice $65 million, the Canadian Competition Authority $155,000, the Australian Competition and Consumer Commission $20 million, the European Commission $12 million and the New Zealand Commerce Commission $4.8 million over the price-fixing cartel that the Flying Roo was part of."
"Over the six-year period, Qantas was fined by the US Department of Justice $65 million, the Canadian Competition Authority $155,000, the Australian Competition and Consumer Commission $20 million, the European Commission $12 million and the New Zealand Commerce Commission $4.8 million over the price-fixing cartel that the Flying Roo was part of."
Dec 3, 2014, 10:12 pm
#10
Join Date: Sep 2014
Location: sqrt(-united states of apologist)
Programs: *$ Green
Posts: 5,403
I'm curious though.
Everyone in life fixes prices.
Dealerships fix prices. Restaurants on the same street fix prices. Hair dressers fix prices. Lawyers fix prices. Truck drivers fix prices. The 7/11 fixe prices.
Everyone, no matter the industry, tries to sell at a price that will make a decent profit, without starting a price war. And people will always try to look at what the competition is charging and try to sell at the same price or just a hair below.
What I want to know:
Is AC "fixing" prices, or did it collude with other airlines to simultaneously raise prices?
Everyone in life fixes prices.
Dealerships fix prices. Restaurants on the same street fix prices. Hair dressers fix prices. Lawyers fix prices. Truck drivers fix prices. The 7/11 fixe prices.
Everyone, no matter the industry, tries to sell at a price that will make a decent profit, without starting a price war. And people will always try to look at what the competition is charging and try to sell at the same price or just a hair below.
What I want to know:
Is AC "fixing" prices, or did it collude with other airlines to simultaneously raise prices?
Dec 4, 2014, 1:13 am
#11
Join Date: Sep 2012
Location: Australia and Canada
Programs: Qantas FF Plat; Virgin Aust Plat;
Posts: 799
Compare NZ and EU (ie LHR) which are HUGE markets for them with many flights/day.
Sep 1, 2015, 4:54 pm
#12
A FlyerTalk Posting Legend
Join Date: May 2002
Location: YEG
Programs: HH Silver
Posts: 56,449
Ontario court certifies cargo price-fixing class-action lawsuit against Air Canada
http://business.financialpost.com/le...nst-air-canada
TORONTO • An Ontario judge has certified a class-action lawsuit that accuses Air Canada and several other international airlines of a price-fixing conspiracy that allegedly raised the cost of shipping air cargo to and from Canada for more than six years.
The case has been wending its way through the courts since February 2008, when the plaintiffs first filed to have it certified as a class action.
TORONTO • An Ontario judge has certified a class-action lawsuit that accuses Air Canada and several other international airlines of a price-fixing conspiracy that allegedly raised the cost of shipping air cargo to and from Canada for more than six years.
The case has been wending its way through the courts since February 2008, when the plaintiffs first filed to have it certified as a class action.
Sep 2, 2015, 1:47 pm
#14
Join Date: Dec 2008
Location: Delta, BC
Posts: 1,646
I'm curious though.
Everyone in life fixes prices.
Dealerships fix prices. Restaurants on the same street fix prices. Hair dressers fix prices. Lawyers fix prices. Truck drivers fix prices. The 7/11 fixe prices.
Everyone, no matter the industry, tries to sell at a price that will make a decent profit, without starting a price war. And people will always try to look at what the competition is charging and try to sell at the same price or just a hair below.
What I want to know:
Is AC "fixing" prices, or did it collude with other airlines to simultaneously raise prices?
Everyone in life fixes prices.
Dealerships fix prices. Restaurants on the same street fix prices. Hair dressers fix prices. Lawyers fix prices. Truck drivers fix prices. The 7/11 fixe prices.
Everyone, no matter the industry, tries to sell at a price that will make a decent profit, without starting a price war. And people will always try to look at what the competition is charging and try to sell at the same price or just a hair below.
What I want to know:
Is AC "fixing" prices, or did it collude with other airlines to simultaneously raise prices?
Dec 16, 2015, 11:40 am
#15
A FlyerTalk Posting Legend
Join Date: May 2002
Location: YEG
Programs: HH Silver
Posts: 56,449
http://business.financialpost.com/le...t-price-fixing
EU court backs airlines, including Air Canada, reversing fine over air freight price fixing
Air France-KLM and 10 other airlines, including Air Canada, have won a challenge against a near 800 million-euro (US$1.2-billion) fine for fixing air freight charges, with Europe’s second highest court saying on Wednesday that it found the EU decision contradictory.
EU court backs airlines, including Air Canada, reversing fine over air freight price fixing
Air France-KLM and 10 other airlines, including Air Canada, have won a challenge against a near 800 million-euro (US$1.2-billion) fine for fixing air freight charges, with Europe’s second highest court saying on Wednesday that it found the EU decision contradictory.