BA and Virgin fined by Nigerian Senate Committee for price fixing

Victoria
By Victoria November 7, 2012 17:43

BA and Virgin fined by Nigerian Senate Committee for price fixing

The Nigerian Senate Committee on Aviation has fined British Airways and Virgin Atlantic Airways $135 million and $100 million respectively. The committee found the two airlines guilty of conspiring to fix prices at the expense of Nigeria, operating a duopoly to the detriment of other airlines and engaging in the passenger fuel surcharge scam.
The committee has ordered the Nigerian Civil Aviation Authority (NCAA) to work with the Ministry of Justice and the Economic and Financial Crimes Commission (EFCC) to compel both airlines to pay the fines.

Victoria
By Victoria November 7, 2012 17:43
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