SYDNEY, Sept 1 — Australia’s competition regulator said on Friday it would ask the court to fine Qantas Airways “hundreds of millions” of dollars, a day after suing the...
SYDNEY, Sept 1 — Australia’s competition regulator said on Friday it would ask the court to fine Qantas Airways “hundreds of millions” of dollars, a day after suing the carrier for allegedly selling tickets to thousands of flights after they were cancelled.
Qantas has said it would review the ACCC’s allegations and respond in court, and that the period examined by ACCC was a time of “unprecedented upheaval for entire airline industry”. It declined to comment on the latest comments by ACCC. “We are going to seek a penalty that will underline that this is not just to be a cost of doing business, it is to deter conduct of this nature,” ACCC Chair Gina Cass-Gottlieb told ABC Radio. The maximum penalty Qantas faces is 10% of annual turnover, which was A$19.8 billion in the year to June, according to Australian consumer laws.
Cass-Gottlieb said the ACCC would seek a fine for Qantas that was “significantly more than” the record A$125 million automaker Volkswagen was fined in 2019 for breaching Australian consumer laws.
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