Politico Quotes Yves Botteman on Voided Air Cargo Cartel Fines

December 22, 2015

Steptoe Brussels partner Yves Botteman was quoted in a Politico article titled “EU Court Deals EC Major Blow on Airline Cartel.”  The article, published December 16, discusses a European court decision to overturn almost €800 million in penalties against some of the world’s largest airlines for colluding on air cargo prices in Europe for six years.

Mr. Botteman says, “The [European] Commission provided little evidence and shed little light on how such a cartel could be characterized as a single global conspiracy.”  The Commission seemed to have “embarked in a cut and paste exercise” of the leniency applications of various airlines, Mr. Botteman adds.

The full article can be read at Politico.