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< Back to Press ReleasesU.S. businesses pay high air cargo shipping costs as worldwide airlines are accused of fixing prices
With a worldwide investigation underway, businesses shipping to and from the U.S. realize they may have been victims of price fixingNew York City, New York - U.S. businesses are not alone, many international businesses have been forced to pay high cargo surcharges by major airlines. United Airlines, American Airlines, British Airways, Air France-KLM, Lufthansa, and other cargo airlines are being investigated and several lawsuits have already been filed. These airlines are charged with conspiring to raise fuel and security surcharges on cargo shipped to and from the U.S. since 2000.
Price fixing (agreeing to impose certain costs and surcharges) and price gouging (charging a price that is higher than what is fair given current circumstances) can both be considered illegal in U.S. civil court. To investigate these international allegations, the U.S. Justice Department, FBI, European Commission, and several Asian agencies have been working together.
A leading law firm, advertising on LawyersandSettlements.com, offers free case evaluations to businesses who wish to be included in a possible class action lawsuit; for more information, go to: Air Cargo Price Fixing
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