Reply #47: NZ monopoly watchdog prepares cartel case against int'l airlines

[xchrom]

http://news.xinhuanet.com/english2010/business/2011-05/09/c_13865170.htm

WELLINGTON, May 9 (Xinhua) -- Anti-monopoly regulators in New Zealand face a court room showdown with a host of international airlines this week over charges that the carriers operated a cartel in the air cargo market.

The hearing against the airlines at the High Court in Auckland on Wednesday will be the culmination of a prosecution that began more than two years ago.

New Zealand's Commerce Commission accuses Air New Zealand, Cathay Pacific Airways, Emirates, Japan Airlines International, Korean Air Lines, Malaysian Airlines System Berhad, Singapore Airlines Cargo and Singapore Airlines, and Thai Airways International of colluding in the setting of air cargo prices.