CHINA Airlines yesterday pleaded guilty and agreed to pay a $40m (£25.2m) fine in the US for price-fixing related to its cargo business. The US Department of Justice has said that the Taiwan-based airline conspired to fix cargo prices between January 2001 and February 2006. China Airlines will pay the fine in annual instalments over the next five years.
CHINA AIRLINES TO PAY $40M FINE
Tuesday 28th September 2010, 1:11am
Editor's Letter
Allister Heath
UK must lead by example and abolish stamp duty on shares
WHEN in doubt, blame traders. After all, it’s easier to attack “anglo-saxon” speculators than to...
