Flying high
Published On 02/08/2015 | Cartels, Enforcement
On Friday, the Full Court of the Federal Court of Australia unanimously allowed the appeal by Flight Centre against the finding that it had attempted to induce a contravention of the price fixing provisions of the Trade Practices Act 1974, and determined that the order for Flight Centre to pay pecuniary penalties of $11 million be set aside.
As a consequence, the Full Court also dismissed the cross-appeal by the Australian Competition and Consumer Commission in relation to the size of the penalty originally ordered by the Federal Court.
Read more about the judgment here.
One Response to Flying high