Claims of price-fixing by ANZ dropped

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By admin April 17, 2014 10:00

Claims of price-fixing by ANZ dropped

Claims brought in a class action lawsuit against Air New Zealand (ANZ) that the airline was price fixing on freight have been withdrawn. The airline will not be contributing to an A$38 million settlement by other airlines.

“Air New Zealand is not contributing to a settlement and has a claim for recovery of its legal costs to be determined by the Federal Court on 6 June,” the airline said in a statement.

The settlement includes deduction of almost A$20 million claimed in costs and expenses by the lawyers who took the class action, Air New Zealand said.

admin
By admin April 17, 2014 10:00
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