virgin atlantic challenged over pricing competition

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Virgin Atlantic challenged over pricing

competition

By Peter Woodman, Press Association

Thursday, 22 April 2010

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Sir Richard Branson's airline Virgin Atlantic will have to explain alleged competition law breaches concerning pricing strategies on the London to Hong Kong air route, it was revealed

today.

The Office of Fair Trading (OFT) issued a "statement of objections" today alleging that Virgin

and Far East carrier Cathay Pacific Airways have infringed competition law in relation toLondon-Hong Kong passenger services.

The OFT said the case concerned a number of alleged contacts between employees of the two

airlines over several years.

It added that these contacts allegedly had the object of "co-ordinating the parties' respective pricing strategies regarding passenger fares through the exchange of commercially sensitive

information on pricing and other commercial matters".

Virgin Atlantic challenged over pricing

competition



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today.


and Far East carrier Cathay Pacific Airways

have infringed competition law in relation toLondon-Hong Kong passenger services.

The OFT said the case concerned a number of alleged contacts between employees of the twoairlines over several years.



Virgin Atlantic challenged over pricingcompetition



y Share y Print

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TextS

izeo Normal o Large

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today.


and Far East carrier Cathay Pacific Airways have infringed competition law in relation to

London-Hong Kong passenger services.

The OFT said the case concerned a number of alleged contacts between employees of the two

airlines over several years.



virgin atlantic challenged over pricing competition

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