I received email from MAS IR, here as below:-
Australian Competition And Consumer Commission
Type : Announcement
Subject : AUSTRALIAN COMPETITION AND CONSUMER COMMISSION
Contents : On 9 April 2010, Malaysian Airline System Berhad ("MAS") was served with an Application and Statement of Claim from the Australian Competition and Consumer Commission ("ACCC") in relation to its air freight investigation on fuel and security surcharges under the Trade Practices Act 1974. Similar documents have also been served on a number of other airlines.
The Statement of Claim does not indicate any quantum of fines that might ultimately be imposed in the event MAS is found by the ACCC to have breached competition law.
MAS has a policy of compliance with all applicable laws, including competition laws, in its countries of operation. MAS is taking legal advice in relation to the Statement of Claim and will be conducting a vigorous defence to the allegations made by the ACCC.
Announcement Details :
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