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SAS faces EU price fixing allegations

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09:58 CET+01:00
Airline company SAS Group has confirmed it is being investigated for anti-competitive practices by the EU Commission.

The Commission and the US Department of Justice were both looking into SAS Cargo as part of a comprehensive investigation of the air cargo sector.

SAS Group said it would not comment further on the alleged infringements of EC competition law until it had examined the underlying documentation.

"Infringement of competition rules is entirely unacceptable and we condemn it unreservedly," said SAS Group CEO Mats Jansson in a statement.

"SAS has, for many years, had a strict policy in place for compliance with competition rules as well as various control mechanisms. It is very unfortunate and a serious problem if our policy has not been respected by all employees of SAS Cargo. If infringements have occurred I will do my utmost to ensure that this will not occur again,” he added.

SAS said it has been cooperating with the authorities over allegations of possible price coordination in the air cargo industry.

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