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Australia: $10M fine slapped on price-fixing Flight Centre

 |  April 2, 2014

Flight booking company Flight Centre has been fined more than $10 million following an investigation by competition authorities into the company’s alleged price-fixing tactics.

According to reports, The Australian Competition and Consumer Commission found Flight Centre had enticed Singapore Airlines, Malaysia Airlines and Emirates to fix fares by requiring them to stop offering international ticket prices that were lower than Flight Centre’s. The ACCC said it found the company had violated competition law six times between 2005 and 2009.

When Flight Centre appealed the fine, a federal court upheld the penalty. The court also ordered the firm to refrain from making price arrangements with airlines.

Flight Centre said it would appeal the decision.

Full Content: Travel Weekly

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