A PYMNTS Company

China/US: China Airlines pays $90M in US antitrust suit

By  |  May 11, 2014

China Airlines will reportedly pay a hefty antitrust fine after the company was sued by US consumers for allegedly fixing air cargo shipment prices.

    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.

    China Airlines has agreed to pay a $90 million fine, a settlement that follows 21 other airlines’ agreement to settle, reports say. Shipping consumers filed the lawsuit against the airlines in New York.

    Since, plaintiffs have been awarded more than $835 million in total settlement deals, reports say.

    Full content: Bloomberg

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