A PYMNTS Company

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

By  |  March 11, 2012
Flight Centre accused of attempting to induce price-fixing agreements with airlines

The Australian Competition and Consumer Commission has instituted Federal Court proceedings against Flight Centre for price-fixing in violation of section 45 of the Competition and Consumer Act 2010. Flight Centre is Australia’s largest travel agency. The ACCC claims that, on six different occasions between 2005 and 2009, Flight Centre attempted to induce Singapore Airlines, Malaysian Airlines and Emirates to enter into agreements to stop offering flight prices that were less than those offered by Flight Centre. Flight Centre’s prices included, on top of airfare, commission for booking and distribution services. The ACCC alleges that the purpose of the agreements was to maintain the levels of commission 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.

    Full content: ACCC Press Release

     

    Related content: Cartel Enforcement in Australia (Bob Baxt & Gillian McKenzie, Freehills)