Air France and KLM have agreed to pay BRL14 million ($7 million) to Brazil’s CADE as a settlement for alleged cargo cartel activity. CADE reporting commissioner Ricardo Machado Ruiz said Air France, KLM and two individuals admitted liability and agreed to pay the fine, which was based on their revenues and “the extent of their participation in the alleged cartel.” The investigation, which has been ongoing in Brazil since 2006, related to fuel surcharges on cargo ...

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