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Price Fixing: Curtailing Air Cartel
Many airlines see de-cartelisation as the shortest path to ruin. But recent experience has shown how hollow the opposition to air competition really is, writes WOLE SHADARE Unconvincing The past weeks have seen airline operators try to make passengers believe that the N50,000 base fare for a one-hour trip was arrived at by them independently without colluding to fix fares. They denied ever holding a meeting to determine what airfare should be Not many…
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