Airlines hid documents from investigation

NEW Zealand’s competition regulator is charging three airlines in its investigation of the air cargo price-fixing cartel of withholding evidence. Singapore Airlines, Cathay Pacific and Aerolineas Argentinas are alleged to have not supplying documents that the Commerce Commission required for their investigation. Parties who receive notices cannot refuse to supply documents or information to the Commission as this may prejudice an investigation.

If the District Court in Auckland agrees that the airlines breached section 103 of the Commerce Act they could be fined up to NZ$30,000 each.

“Any failure to comply with Commission statutory notices that form part of a Commission investigation is a serious enforcement issue,” said Commission Chair Paula Rebstock. “The information the Commission alleges was not provided in accordance with the notices could potentially be relevant to the Commission’s investigation.”

Share this story

Related Topics

Latest news

Contraband seized from Martinair Cargo freighter

By Rachelle Harry

More than 80 kg of cocaine was discovered on a freighter Boeing 747 aircraft at Buenos Aires Ezeiza Airport in…

Read More

Share this story

Blue Dart ‘rightsizing’ pushes company to Q3 loss

By Damian Brett

Indian express firm Blue Dart reported a loss in its financial third quarter after it implemented a “rightsizing” programme in…

Read More

Share this story

Amazon to take over Pinnacle Logistics’ operations at RFD and Baltimore

By Damian Brett

Amazon will take over the ground handling operations of Pinnacle Logistics at Chicago Rockford (RFD) and Baltimore/Washington International Thurgood Marshall…

Read More

Share this story