Northwest Airlines hit with $38M price fixing fine

By Reuters
Posted July 30, 2010 at 1:12 p.m.

Northwest Airlines, which was bought by Delta Air Lines Inc. in 2008, has agreed to plead guilty and pay a $38 million criminal fine for its role in a conspiracy to fix prices on air cargo shipments, the U.S. Justice Department said Friday.

Under the plea agreement, it said Northwest has agreed to cooperate with the department’s ongoing antitrust investigation.

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