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ANA fined USD1.4m by Korean Fair Trade Commission for cargo surcharges

2-Dec-2010 8:39 AM

All Nippon Airways (ANA) received (01-Dec-2010) notification from Republic of Korea Fair Trade Commission of an alleged violation by ANA of Republic of Korea's Monopoly Regulation and Fair Trade Act regarding ANA cargo surcharges. As a result, ANA has received a corrective order from the Commission and has been ordered to pay a fine of KRW1.6 billion (USD1.4 million). [more]