Bloomberg: Lufthansa Says EU Raids Offices in Japan Fare Probe
Deutsche Lufthansa AG, Europe's second-biggest airline, said European Union regulators searched its office in Frankfurt as part of a probe into alleged price-fixing on fares between Europe and Japan. The European Commission, the EU's executive arm, "has information that passenger aviation companies including Lufthansa in Europe and in Japan may have taken part in anticompetitive price-fixing," Cologne, Germany-based Lufthansa said in a statement today. The airline said it's cooperating "in full and willingly" in providing requested information...The Brussels-based commission said today that unannounced inspections were carried out at airlines providing long-haul flights between Europe and an unspecified "third country" on suspicion they violated EU rules...more...