• Kyodo News


The Fair Trade Commission has notified more than 10 companies that they will be fined about ¥10 billion for operating a cartel for international air cargo fees, sources close to the matter said Saturday.

The FTC believes that the companies, including major distribution and logistics companies Nippon Express Co., Kintetsu World Express Inc. and Yusen Air & Sea Service Co., constrained fair competition by forming a cartel that added fuel surcharges and airport security charges to their air cargo service charges, they said.

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