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Violation Tracker Individual Record

Company: Asiana Airlines Inc.
Current Parent Company: Korean Air Lines Co Ltd
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
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Penalty: $55,200,000
Year: 2016
Date: March 25, 2016
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Asiana Airlines agreed to pay over $55 million to settle its role in an alleged conspiracy to fix prices in the air cargo industry.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of New York
Civil or Criminal Case: civil
Case ID: 1:06md1775
Case Name: In re Air Cargo Shipping Services Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: South Korea
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: airlines
Specific Industry of Current Parent: airlines
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.