Australia on Monday fined Japan Airlines (JAL) Aus$5.5 million (US $5.8 million) after the carrier admitted its role in a long-running cargo cartel case involving 15 airlines. The Australian Competition and Consumer Commission (ACCC) said JAL admitted to "making and giving effect to illegal price-fixing understandings with other international airlines" on fuel, insurance and security surcharges.
ACCC chairman Graeme Samuel said JAL had earned a "significant discount" by making Monday's admissions at an early stage of legal proceedings and agreeing to cooperate in hearings against the other airlines. JAL is the seventh of 15 airlines named in the case to settle and brings total penalties to Aus$46.5 million, he added. "This outcome continues to send a clear message to those involved in cartel behaviour - the ACCC will not stop its endeavours to identify and bring to an end illegal price-fixing conduct," Samuel said. Proceedings continue against Singapore Airlines, Cathay Pacific, Emirates, Korean Air, Air New Zealand and Thai Airways
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