BA fuel surcharge fine halved by OFT – The Guardian

Posted April 19th, 2012 in airlines, consumer protection, fines, news, price fixing by tracey

“The Office of Fair Trading has more than halved a £121.5m fine levied against British Airways for colluding with Virgin Atlantic in a fuel surcharge scam. The consumer watchdog reduced the fine to £58.5m to reflect new guidelines for financial sanctions and BA’s co-operation with the inquiry. Virgin Atlantic escaped any penalty because it blew the whistle on the collusion over setting fuel surcharges between 2004 and 2006.”

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The Guardian, 19th April 2012