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Latest Business News

SAS Braathens Accused of Unfair Competition

Monday, July 04, 2005 9:44:16 AM

OSLO, Norway (AP) - Competition authorities on Monday accused the SAS Braathens airline of unfair competition for the second time in seven months.

The Competition Authority said the SAS AB-owned carrier could face 30 million kroner ($4.6 million) in fines for abusing market dominance against smaller rival Norwegian Air Shuttle, pressing it out of an Oslo to Aalesund route by dumping prices.

In a statement, SAS Braathens said it was likely to challenge the fine in court.


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