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EU, US launch major investigation into alleged air cargo cartel

Major European airlines including British Airways, Air France-KLM, Lufthansa, SAS and Cargolux are under investigation by the European Commission, European national authorities and the US Dept. of Justice for alleged price-fixing and anticompetitive activity. The EC and several carriers acknowledged that the airlines' European offices were raided yesterday morning, while an FBI spokesperson in Chicago told reporters that Air France-KLM's O'Hare cargo terminal was searched as well. There were ...

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