Mexico’s largest airline, Grupo Aeromexico, is at the center of a price and market-fixing investigation being led by the country’s competition authority, which conducted a dawn raid on the airline’s head office earlier this year, two people with knowledge of the matter told Reuters.
Competition regulator Cofece has asked Aeromexico (AEROMEX.MX) for information about its alliance agreements with other airlines, the sources said. The people declined to be named because specifics of the investigation have not been made public.
Reuters could not verify with whom Aeromexico might be suspected of having colluded. The carrier is part of the SkyTeam Alliance, has numerous code-sharing agreements and is currently trying to get approval for an antitrust exemption for a joint venture with Delta Air Lines (DAL.N), which owns a small stake in the Mexican carrier.
The original article can be found at uk.reuters.com