Virgin Atlantic Challenged Over Pricing Competition
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Transcript of Virgin Atlantic Challenged Over Pricing Competition
8/8/2019 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
By Peter Woodman, Press Association
Thursday, 22 April 2010
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8/8/2019 Virgin Atlantic Challenged Over Pricing Competition
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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 twoairlines 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 pricingcompetition
By Peter Woodman, Press Association
Thursday, 22 April 2010
y Share y Print
y Email y
TextS
izeo Normal o Large
o Extra Large
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 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.
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".
8/8/2019 Virgin Atlantic Challenged Over Pricing Competition
http://slidepdf.com/reader/full/virgin-atlantic-challenged-over-pricing-competition 3/3