May 22, 2022

News Collective

Complete New Zealand News World

CJEU upholds fines for Air France and Lufthansa for agreeing freight rates

CJEU upholds fines for Air France and Lufthansa for agreeing freight rates

The Court of Justice of the European Union Confirmed this Wednesday ratification subordinate fines imposed by the European Commission on various Airlinesincluding Air France, Lufthansa and Singapore Airlines Freight Services Price Charter For several years, which is why it maintains the sanctions imposed by Brussels in 2017. Similarly, European justice has partially appreciated Resources from other companiessuch as British Airways and LATAM Airlines Group, which in practice means that the amount of fines set in these cases by the executive community is adjusted downward.

Brussels judicial coup against several Airlines. On Wednesday, the Court of Justice of the European Union ratified the sanctions imposed by the European Commission on several airlines. Among them are “big” companies such as Lufthansa, Air France or Singapore Airlines They are accused of agreeing to rates for freight services for several years. Thus, the TEU maintains the sanctions set by the Commission during 2017. However, the European judiciary has partially estimated the resources of other companies, as in the case of British Airways and LATAM Airlines Groupwhich in practice means that the amount of fines fixed in these cases by the executive branch of the community is adjusted downward.

In the first decision made in 2010The commission announced a fine of up to approx 790 million euros For dozens of airlines due to illegal practices in the air cargo sector, but the General Court of the European Union overturned the decision for an official defect. Community Services later picked up the case and adopted a second decisionThis is according to what was stated in the first sentence Maintenance of accused airlines and the value of fines. Also in this case, the decision was brought with various resources before the Luxembourg-based court, which is now governed by it.

See also  The Importance of Social Media Audits with Alex 1 Kenobi

In its ruling this Wednesday, therefore, the European Court Regardless of the resources Provided by Martinair Holland, KLM, Cargolux Airlines, Air France, Lufthansa, Singapore Airlines and many of these brands’ carriers, so they should Compliance with the payment of stipulated fines. Air France and KLM groups will have to face a solidarity payment of 182.92 One million euros should be added to it 124.44 million for AirFance-KLM-related activity. in case if LufthansaHowever, the The fine is still zero Because the commission has already reduced it to 100% for its cooperation during the investigation.

In the case of companies whose resources are partially underestimated and therefore their resources are underestimated Sanctions have been reduced In part, they are Japan Airlines, Air Canada, British Airways, Cathay Pacific Airlines, SAS Cargo Group among others, LATAM Airlines Group and Lan Cargo. In this case, the executive group acted for a pricing poster in the market for air transport services that affected flights within the European Economic Area from 1999 to 2006. The agreements consisted of contacts between airlines, both bilateral and multilateral, with a view to Set fuel level and security surcharges.