Friday, December 28, 2007
MAS under probe by European Commission
MALAYSIAN Airline System Bhd (MAS) and Malaysia Airlines Cargo Sdn Bhd were served with a "Statement of Objections" by the European Commission (EC) yesterday.Announcing this to Bursa Malaysia, the airline said the Statement of Objections was related to the EC's air freight investigation under Article 81 of the European Community Treaty, the general prohibition against anti-competitive behaviour.MAS said similar documents were also served to a number of airlines.It said the Statement of Objections is a routine stage in the EC's investigations under the article, and is not a final determination of an infringement."Nor does the Statement of Objections indicate any quantum of fines that might be ultimately imposed," MAS said.The national airline said it has a policy of compliance with all applicable laws, including competition laws in their countries of operation.The group is taking legal advice in relation to the European Commission investigation. - Bernama
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