The European Commission (EC) has reinstated fines totaling €776 million ($834 million) on 11 airlines for operating a price-fixing cartel on air freight from 1999 to 2006. More legal hearings are likely as at least one of the carriers immediately said it would appeal the decision. The EC originally imposed the penalties in November 2010, but these were annulled by a decision of the European Union’s (EU) General Court in December 2015 on procedural grounds, which ruled there was ...

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