watchdog slams lufthansa over algorithm price hikes
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Watchdog slams Lufthansa over 'algorithm' price hikes

Arab Today, arab today

Arab Today, arab today Watchdog slams Lufthansa over 'algorithm' price hikes

Watchdog slams Lufthansa over 'algorithm' price hikes.
Berlin - Arab Today

Germany's competition watchdog on Thursday rubbished Lufthansa's claim that recent price hikes on domestic routes were purely down to automated booking software, saying companies shouldn't "hide behind algorithms".

Germany's Federal Cartel Office (FCO) is currently probing complaints that Lufthansa fares shot up on some routes after bankrupt rival Air Berlin stopped flying in late October.

Lufthansa has denied changing its pricing methods, arguing that its fully-automated booking system was simply responding to a spike in demand following the Air Berlin collapse and displaying higher average prices as a result.

But in an interview with the Sueddeutsche Zeitung daily, FCO president Andreas Mundt said that justification didn't hold up.

"That's beside the point. These algorithms aren't written by dear God in heaven," he said.

"Companies can't hide behind algorithms."

Industry experts say Lufthansa ticket prices have jumped by 30 percent on some routes, according to German media.

The airline, however, has repeatedly denied cashing in on its dominant position and has promised to make more seats available on popular routes.

In a statement sent to AFP, Lufthansa said it had not introduced any fare hikes in Germany or Europe "for over a year".

The disappearance of Air Berlin has led to major bottlenecks, it said, causing flights to be booked up faster.

"And so it can happen that for last-minute reservations on some routes only the comparatively more expensive booking classes are available."

Competition in Germany is expected to increase again once easyJet begins operating from January some of the Air Berlin assets it has acquired.

Lufthansa too has set its sights on some of the Air Berlin spoils, though it was forced to scale back its ambitions in the face of EU competition concerns.

After making some concessions, particularly in renouncing some of Air Berlin's prized airport slots, Lufthansa last week won approval from EU regulators to snap up the defunct carrier's LGW subsidiary.

The regional carrier comprises some 30 leased planes and around 800 employees.

Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

watchdog slams lufthansa over algorithm price hikes watchdog slams lufthansa over algorithm price hikes

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

watchdog slams lufthansa over algorithm price hikes watchdog slams lufthansa over algorithm price hikes

 



GMT 20:28 2017 Tuesday ,07 November

Rahma create winter clothes in innovative way

GMT 21:53 2017 Monday ,04 September

Ajman Chamber, DED-Dubai ink MoU on Empay

GMT 20:24 2017 Monday ,24 April

Bahrain participates in Arab Media Forum

GMT 23:44 2017 Friday ,17 November

Senior Chinese envoy in N. Korea amid chill in ties

GMT 12:09 2012 Wednesday ,05 September

Emma Watson talks body image

GMT 03:32 2017 Thursday ,12 October

A magnitude 6.0 earthquake strikes disasterhit Ecuador

GMT 06:57 2017 Friday ,13 October

Spain marks national day with show of unity

GMT 20:58 2017 Tuesday ,03 October

Injured Uchimura's reign ends at Gymnastics Worlds

GMT 08:45 2017 Saturday ,05 August

Mashael to end her new album for 2017

GMT 15:41 2017 Tuesday ,25 July

Coach withdrew his resignation after a call

GMT 08:53 2018 Saturday ,20 January

US to overtake Saudi as crude oil producer: IEA

GMT 00:53 2018 Saturday ,13 January

Chinese delegation calls on CM Shehbaz

GMT 08:07 2018 Friday ,12 January

Spain to oppose ex-Catalan leader being re-elected

GMT 01:00 2018 Friday ,12 January

Shop Bahrain Festival 2018 launched

GMT 10:00 2017 Thursday ,27 April

Lynch ends retirement for Raiders move

GMT 19:07 2017 Friday ,14 July

Thailand, Cambodia accept RI recommendation
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday