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November 8, 2010

The U.S. Department of Justice has announced that All Nippon Airways Co. Ltd. (“ANA”) has agreed to plead guilty and pay a USD $73 million criminal fine for its role in two conspiracies to fix the prices for air cargo and air passenger services.  According to the DoJ, ANA conspired to fix one or more components of cargo rates charged for international air cargo shipments between 2000 and 2006, and also participated in a conspiracy to fix unpublished passenger fares for flights purchased in the United States between 2000 and 2004.  As part of its plea agreement, ANA has also agreed to cooperate with the DoJ’s ongoing investigation.

For more see: All Nippon Airways Co. Ltd. Agrees to Plead Guilty to Price Fixing on Air Cargo and Air Passenger Services

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