The defendants of a cargo airline price fixing suit moved for a dismissal last Friday. The logistics division of German railway company Deutsche Bahn, Schenker AG, sued seven foreign cargo airlines for price fixing in August 2014. This suit was the latest in the series of suits and investigations into the cargo airline industry since 2006 when US Department of Justice launched an investigation. Since 2006, the industry has paid over a billion dollars in settlement fees within the US and billions more to international competition agencies.
All Nippon Airways Co., Ltd. and Cargolux Airlines International S.A. filed for dismissal in Eastern District of New York court claiming that Schenker filed within the US, despite being a German company owned by the German government. Other claims for dismissal include that the statute of limitations on the allegations expired in 2010 and that Schenker opted out of the middle-district class action against the airlines in May 2011.
Full Content: The National Law Review
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI