Against the odds: Salmon, barbecues & Maersk deal-making
The spectrum of what’s discretionary and truly necessary inexorably narrows.
It is something of a rarity in this industry, but an airline, Air New Zealand, has won an antitrust case. The Federal Court of Australia on Friday dismissed allegations against the carrier, in a case that has seen 10 airlines fined already for price-fixing. The carrier argued that any agreements had been authorised by relevant authorities. The line worked – the carrier has also been cleared by the EU and US, although it is said to be still involved in a class action lawsuit in the US.