Lufthansa Cargo and Swiss Air Lines issue statement regarding air cargo antitrust

If you purchased air cargo shipping services within, to or from either the US or Canada from 01-Jan-00 to 11-Sep-06, your rights could be affected by a Settlement.

What are the Settlements about?

Plaintiffs claim that Deutsche Lufthansa AG, Lufthansa Cargo AG and Swiss International Air Lines Ltd, along with numerous other air cargo carriers, conspired to fix the prices of air cargo shipping services in violation of US antitrust laws and Canadian competition law. The Settlements provide an USD85 million US Fund to pay valid class member claims, and USD5.338 million Canadian Fund that Canadian Class Counsel will request to have held in trust for future benefit of the Canadian classes.

(c) Centre for Asia Pacific Aviation. Date posted: 27-Jun-08 

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