A PYMNTS Company

Airlines accused of colluding over S. Korea-Mongolia route

 |  May 29, 2012

On May 28, the South Korean Fair Trade Commission had ordered Korean Air Lines and Miat Mongolian Airlines to correct unfair practices on the Incheon-Ulan Bator route. The competition watchdog alleged that the two airlines colluded to keep competitors out of the route since 2005, leading to higher prices and fewer choices for flights. In addition, Korean Air is accused of trying to influence bilateral aviation talks by offering trip incentives to Mongolian government officials and their relatives.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Korean Air has denied all of the allegations.

    Full content: Fox Business

     

    Related contentProposal for a Market-Based Solution to Airport Delays (Dennis Carlton, University of Chicago Booth School of Business & Ken Heyer, DOJ)

     

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