27 Jul 2012
COMMERCE COMMISSION V KOREAN AIR LINES CO LIMITED HC AK CIV 2008-404-8351
- Citation
- openlaw-18fd1665_430b_4ae0_b835_550559dd7343.pdf
- Court
- High Court
The court accepted the parties' agreed starting range of $4.8–$5.5 million for the totality of breaches, applied a 33% aggregate discount for mitigating factors (including an 8% allowance for co-operation and allowance for admission, compliance programme and overseas penalties), producing a final approved pecuniary penalty of $3,500,000; costs of $259,079.18 were ordered in favour of the Commission.