In November 2010, the European Commission imposed fines of nearly €800 million on 11
major air cargo carriers who participated in a price-fixing cartel, from December 1999 to
February 2006, in the airfreight services market covering flights from, to and within the
European Economic Area. The cartel arrangements consisted of numerous contacts
between airlines, at both bilateral and multilateral level to fix the level of fuel and
security surcharges. The Cartel Compensation Foundation demands compensation for damages
sustained by leading manufacturers of pharmaceuticals, electronic components, clothing or
perishables, representing millions of affected pieces of freight and far over a billion euro in expenses.