BA fined for price-fixing

Surcharges were added to passenger fares in response to rising oil prices. Virgin has been given immunity after it reported the collusion and is not expected to be fined, the OFT said. The OFT and the DoJ began investigating BA's price-fixing in June 2006.
BA revealed in May that it had set aside 350 million to cover fines and the costs of legal action. It is the first time that the UK and the US have simultaneously brought action against a company.

 
The DoJ said that the fine to BA - and another given to Korean Airlines - were the second largest ever dispensed by the department.
The fines will end the civil case against BA, but a criminal investigation is still continuing, and the OFT said no conclusions could be drawn about whether charges against individuals would be brought.