EU Court Overturns Decision to Fine Airlines in Cartel Case
December 16 2015 - 11:00AM
Dow Jones News
BRUSSELS—The European Union's second-highest court has
overturned a decision to impose €790 million ($864 million) of
fines on more than a dozen airlines including Air France KLM and
British Airways for operating an airfreight cartel.
The Luxembourg-based General Court of the EU said the European
Commission's 2010 decision was contradictory because it accused all
the carriers of operating a single cartel, but only highlighted
actual legal infringements by some carriers on some routes.
The court's decision can be appealed at the European Court of
Justice, the EU's highest court, on "points of law only," the
General Court said in a statement.
If the ruling is confirmed, or goes uncontested, Air France KLM
and British Airways could each avoid more than €100 million of
antitrust fines.
The other airlines allegedly involved in the cartel are Air
Canada, Socié té Air France, Koninklijke Luchtvaart Maatschappij,
Cargolux Airlines International, Cathay Pacific Airways, Japan
Airlines Corp., Latam Airlines Group, Deutsche Lufthansa, Martinair
Holland, Qantas Airways, SAS and Singapore Airlines.
Write to Tom Fairless at tom.fairless@wsj.com
(END) Dow Jones Newswires
December 16, 2015 10:45 ET (15:45 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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