A PYMNTS Company

Australia: IATA enters price fixing saga

By  |  October 7, 2012

The International Air Transport Association (IATA) has applied to the Federal Court to “assist” in the hearing of the Australian Consumer and Competition Commission’s case against Flight Centre. Flight Center has allegedly encouraged three airlines -Singapore, Emirates and Malaysia, not to sell fares cheaper to the public than those fares offered through Flight Center shops. This had raised several competitive concerns, and the implications of the legal action for airlines and the broader travel industry are likely to have prompted the IATA’s move, just ahead of the case’s scheduled start on today. 

Full Content: Travel Weekly 

Related Content: Flight Centre accused of attempting to induce price-fixing agreements with airlines

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.