A PYMNTS Company

Germany: Deutsche Bahn wins allies in air cartel suit

By  |  January 26, 2015

German rail operator Deutsche Bahn said Sunday it has been joined by several companies in a $3.2 billion lawsuit against Lufthansa and other airlines for fixing air cargo prices.

The company had announced in December it was filing lawsuits in Germany and the United States claiming compensation for damages incurred as a result of fixing prices.

Deutsche Bahn is now seeking over 2.5 billion dollars from around 15 airlines, a sum that it said will exceed 3 billion once the claims of the other companies are added on.

Full Content: Yahoo! News

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