European Commission confirms assessment of proposed commitments from Oneworld airline alliance

European Commission (EC) confirmed (01-Feb-2010) it is assessing the effectiveness of proposed commitments received from British Airways, American Airlines and Iberia to alleviate the EC's concerns regarding potential anticompetitive agreements (related to passenger transport on certain long-haul routes). As part of this assessment process, the EC is sending the proposed commitments first to a number of key market players for comments. In Apr-2009, the EC opened proceedings in relation to its concerns about agreements between the three carriers. The carriers intend to jointly manage schedules, capacity and pricing, as well as share revenues on transatlantic routes between North America and Europe.[more]