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Korea Air Lines and Asiana may have unlawfully conspired to artificially inflate the price of airline tickets into and out of Korea.
Investigation Source (Case #C-07-3985)
- Nationwide
Investigation Scope
Category Information
Investigation Topics
- Over Charge
- Excessive or Unauthorized Fees
- Price Fixing
- Anti-Competitive Behavior
Product or Service
- Airline Tickets
Injury Type
- Monetary Loss
Investigation Details
Investigation and pending class action lawsuit on behalf of all individuals who have been victimized by price fixing on passenger tickets, including fuel surcharges.
According to the class action complaints filed in that case, Korean Air Lines and Asiana Airlines conspired to agree upon the timing and amounts of its fuel surcharge and price increases. The class action complaints allege that these airlines' illegal activity targeted individuals and corporations purchasing one-way or round trip tickets for certain flights to and from South Korea.
On August 1, 2007 it was announced by the U.S. Department of Justice that Korean Air Lines pleaded guilty for its role in this air passenger price fixing conspiracy. The Justice Department also reported that Korean Air Lines had agreed to pay a $300 million fine for this cartel activity, as well as for its participation in a similar conspiracy involving air cargo shipping.
All victims of the alleged air passenger cartel, from all nations, are encouraged to contact us if they have information regarding this case .
According to the class action complaints filed in that case, Korean Air Lines and Asiana Airlines conspired to agree upon the timing and amounts of its fuel surcharge and price increases. The class action complaints allege that these airlines' illegal activity targeted individuals and corporations purchasing one-way or round trip tickets for certain flights to and from South Korea.
On August 1, 2007 it was announced by the U.S. Department of Justice that Korean Air Lines pleaded guilty for its role in this air passenger price fixing conspiracy. The Justice Department also reported that Korean Air Lines had agreed to pay a $300 million fine for this cartel activity, as well as for its participation in a similar conspiracy involving air cargo shipping.
All victims of the alleged air passenger cartel, from all nations, are encouraged to contact us if they have information regarding this case .
Defendant Details
| Name (Stock Symbol) | Brief Description |
|---|---|
| Korea Air Lines | Korea Air Lines is a commercial airlines. |
| Asiana Airlines, Inc. | Asiana Airlines, Inc. is a commercial airline providing passenger and cargo services in Asia and globally. |