German logistics and European rail group Deutsche Bahn (DB) has reached an undisclosed settlement with Lufthansa concerning an alleged airline cargo cartel that operated from late 1999 to early 2006.
The settlement ends the companies’ dispute before the Regional Court of Cologne that has been ongoing since 2013.
“After intense negotiations with Lufthansa, we were able to find a good solution for both sides,” said Martin Seiler, member of the management board of DB for human resources and legal affairs.
He added, “Instead of continuing costly legal proceedings for years to come, it would be in the interests of all sides if we were able to reach an agreement with the remaining cartelists.”
Full Content: Centre for Aviation
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
