A PYMNTS Company

Australia: ACCC brings price-fixing charges to Flight Centre

By  |  November 5, 2012

According to a suit filed against Flight Centre by the ACCC, the travel agency is being charged with price-fixing in efforts to protect its guarantee of lowest airfares without losing revenue. Flight Centre allegedly induced three airlines in a price-fixing scheme on six occasions between 2005 and 2009. The three airlines are Singapore Airlines, Malaysian Airlines and Emirates, who agreed to not sell fares at lower than what was listed on Flight Centre, according to the suit. The policy Flight Centre was allegedly attempting to protect was their promise to give $20 to a customer who finds a lower airfair, as well as match the lower price by $1.

Full Content: Herald Sun

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