Air Transport World

Iberia, Spanair.(Brief Article)

Iberia, Spanair and Air Europa were fined a total of 140 million pesetas ($865,000) by Spain's fair-competition regulator Tribunal de Defensa de la Competencia for colluding to end a price war in 1997, Conviction for price-fixing in Spain can carry a fine of up to 10% of annual revenue. …

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