Competition: Commission imposes EUR 169 million fine on freight forwarders for operating four price fixing cartels

The Commission has fined 14 international groups of companies a total of EUR 169 million for participating in the period 2002-2007 in four distinct cartels aimed at fixing prices and other trading conditions for international air freight forwarding services. The freight forwarders colluded on surcharges and charging mechanisms concerning important trade lanes, in particular the Europe-USA and the China/Hong Kong-Europe lanes.

Participants and duration varied in each of the four cartels. Deutsche Post (including its subsidiaries DHL and Exel) received full immunity from fines under the Commission’s 2006 leniency notice for all four cartels, as it was the first to reveal their existence the Commission. Source: Commission Press Release 28/03/2012

Roschier, Attorneys Ltd. - Sweden