The Administrative Council for Economic Defense – Cade in Brazil has celebrated a Cease and Desist Agreement (TCC) with airline companies Societé Air France and KLM (a Royal Dutch Aviation Company) and two individuals. In the agreement, the parties consent to terminate the practices investigated in the process against an alleged cartel in the air cargo market. Additionally, the involved parties confess involvement in the practices under investigation. The TCC also provides for the payment of a contribution of BRL 14 million (approximately US$ 7 million). “Air France and KLM, which are now part of the same group, understood that

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In