Air France-KLM Group, International Airlines Group, Singapore Airlines, and several other airline operators recently lost their appeal in the European Court regarding the massive air cargo cartel fines previously imposed by the European Commission.
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The court upheld the EU regulator's initial decision. This ruling marks another significant victory for the EU antitrust authorities in cracking down on price-fixing collusion in the air cargo market. The airlines involved were penalized for colluding on fuel and security surcharges.
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