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Israel: Price-fixing class action threatens domestic, foreign airlines

By  |  November 19, 2013

A class action lawsuit filed against domestic airline El Al as well as two foreign airlines is claiming the companies conspired to fix air fair tickets after a judge threw out the carriers’ motion to dismiss.

Reports say El Al, along with British Airways and Lufthansa, are facing legal repercussions from the suit initiated by a consumer advocacy group Hatzalaha. The plaintiffs are seeking nearly $175 million in damages, the majority of which would come from El Al.

Reports say the airlines are accused of forming a cartel to fix air freight prices based on a previous, multinational investigation of the issue in 2006. Hatzalaha claims the companies spiked fuel and security charges.

Full Content: Haaretz

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