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What is Airline Price-Fixing Refunds Explained about?

Virgin Atlantic and British Airways admitted to a price-fixing agreement over fuel surcharges on flights between the UK and North America. This agreement fixed the same surcharges between the two airlines, damaging customers by eliminating competition. Both airlines have agreed to refund all affected passengers as their actions violated competition laws. The chairman of British Airways claimed managers agreed to the price-fixing against company policy, and the airline condemns any anti-competitive behavior.

Author

DR

Language

EN