Two ex-Air France cargo execs indicted in US

Two former Air France cargo executives have been charged with conspiring to fix international freight shipment prices, according to the US Justice Department. Ex-vice presidents Marc Boudier and Jean Charles Foucault face a single charge each of conspiracy to restrain trade in violation of the Sherman Antitrust Act, a crime punishable by as much as […]


Air France cargo cartel Jean Charles Foucault KLM Marc Boudier Martinair price fixing US


Two former Air France cargo executives have been charged with conspiring to fix international freight shipment prices, according to the US Justice Department. Ex-vice presidents Marc Boudier and Jean Charles Foucault face a single charge each of conspiracy to restrain trade in violation of the Sherman Antitrust Act, a crime punishable by as much as 10 years’ imprisonment and a fine of as much as US$1 million, prosecutors said in a statement after being indicted by a US federal grand jury.