Posts Tagged ‘politics’
Travel Watchdog
Monday, July 25th, 2011
In the case of a company being found guilty of price fixing, why doesn’t the consumer get the settlement?
I read today that British Airways and South Korean Air conspired to fix prices for it’s International Travel. 300 million dollar fine! Why the heck does the government get the money and not the consumer that is being ripped off? It doesn’t seem fair or legal. Here’s my line of thinking:
If we pay for the government through our taxes and basically pay them to be a watchdog against this type of corruption, why then do they reap the benefits and rewards of these huge settlements? Shouldn’t it be distributed to the people that were actually customers of these two airlines?
Another reason why big gov’t doesn’t work…except to fill their own pockets.
I’m mad as hell and I’m not going to take it anymore!
Not that I’m defending these guys, but the answer to your question more than likely is: From a legal stand point. I imagine only those directly effected by the price fixing would be to recieve any compensation, and they would probably have to file against the airlines.
Although, the government is the one collecting the fines, I surmise that it could be argued that the money goes to defray any cost incurred by the government and if thier is anything left over it would go into some sort of general fund.
It may seem like government corruption is rampant, but beleive it or not the governemt does do many good things from time to time.
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