FreightWaves Staff
Monday, June 3, 2019
“Price fixing is not profit enhancing” says judge and fines Garuda $13 million
Airline Garuda Indonesia has been ordered by an Australian court to pay A$19 million (US$13.14 million) in penalties for air cargo price fixing as part of a massive international cartel. Australian penalties of A$132.5 million (US$91.64 million) have so far been levied against 14 airlines.