A total of €799 million in fines has been levied on 11 airlines by the EC, for price-fixing on securities and fuel charges on air cargo.

The whistle was blown by participant Lufthansa, which thereby escaped fines, leaving major players Air France KLM to pay €310 million, British Airways to pay €104 million, Singapore Airlines to pay €75 million and SAS to pay €70.2 million.

The price-fixing occurred in the six-year period December 1999 to February 2006 and the EC investigation took three years. The decision leaves all the participants, including Lufthansa, exposed to class-action damages claims from customers who spent a total of €6 billion with them in the six-year period.

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