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Taiwan Airline Fined For Price-Fixing

EVA airline to pay $13.2 million criminal fine

May 27, 2011

The U.S. Justice Department says EVA Airways Corp. has agreed to pay a $13.2 million criminal fine for a price-fixing conspiracy that has implicated 22 companies in the air cargo industry.

Twenty-one executives from various companies have been charged and $1.8 billion in criminal fines have been imposed.

Taiwan-based EVA allegedly engaged in the conspiracy starting in January 2003 to fix cargo rates or fees charged to customers. The Justice Department says the conspiracy continued until at least February 2006.

Advertisement: Story continues below The government said EVA's cargo shipments include sensitive equipment used to manufacture liquid crystal display (LCD) panels, perishable commodities like cherries and pet food, and consumer goods, on scheduled flights within Taiwan and internationally, including to and from the United States.

EVA airline to pay $13.2 million criminal fine

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