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 15:46 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 10:03 2018 Monday ,10 December

23 Palestinians arrested in West Bank

GMT 09:12 2018 Wednesday ,12 December

Ford trains 1,600 motorists in Mideast, Africa in 2018

GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 09:00 2018 Wednesday ,12 December

May tours Europe in desperate bid to save Brexit deal

GMT 09:47 2018 Monday ,10 December

Russian ex-policeman convicted over 56 murders

GMT 16:14 2018 Saturday ,06 October

Saudi Aramco IPO to go ahead by early 2021

GMT 23:18 2017 Thursday ,13 July

Abbas names PNC speaker to form constitution

GMT 15:31 2017 Friday ,21 July

Peru reconstructs face of pre-Columbian ruler

GMT 09:30 2014 Friday ,03 January

Flashes of Thought

GMT 14:23 2018 Friday ,30 November

Saudi Arabia pledges $50 million to UNRWA

GMT 15:31 2018 Thursday ,18 October

Passengers stranded as Cypriot airline goes bust

GMT 03:21 2017 Tuesday ,18 April

Riots in Paris after Chinese man shot dead

GMT 09:50 2017 Thursday ,09 March

‘We need to get Iran’ out of Syria

GMT 10:55 2017 Tuesday ,10 January

Hong Kong's former leader abused power

GMT 14:42 2017 Friday ,03 November

Death toll rises to 12 in Gaza tunnel Israel blew up
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 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

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