Claim

LAW FIRM Hausfeld & Co announced on June 7, 2011, that a settlement had been agreed under United States law with British Airways (BA) in relation to civil liabilities arising from the international air cargo price-fixing cartel.  In the most expensive agreement to date, BA will pay $89.512 million to a class of direct purchasers of airfreight services for their acknowledged part in an air cargo cartel that breached competition laws around the world.  A number of airlines have already admitted to conspiring with competitors in order to fix a series of surcharges for air freight shipping services.  BA has already incurred fines of over £92.5 million from the European Commission for its participation in the global cartel which is believed to have been active between approximately 2000 and 2006.