watchdog slams lufthansa over algorithm price hikes
Last Updated : GMT 11:59:16
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 11:59:16
Egypt Today, egypt today

Watchdog slams Lufthansa over 'algorithm' price hikes

Egypt Today, egypt today

Egypt Today, egypt today Watchdog slams Lufthansa over 'algorithm' price hikes

Lufthansa has denied changing its pricing methods
Frankfurt am Main - Egypt 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

egypttoday
egypttoday

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



Egypt Today, egypt today Modern colorful bedroom renovation

GMT 12:15 2017 Thursday ,21 December

Modern colorful bedroom renovation
Egypt Today, egypt today Paris Fashion Week: John Galliano goes co-ed on the catwalk
Egypt Today, egypt today For the Variety of Interior Design Styles

GMT 22:35 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 14:21 2012 Friday ,31 August

Ghada Ragab to sing in Turkish

GMT 14:23 2018 Sunday ,21 January

Impressive England beat Australia in second ODI

GMT 10:03 2018 Monday ,10 December

23 Palestinians arrested in West Bank

GMT 09:30 2018 Monday ,03 December

Qatar says it is withdrawing from OPEC on January 1

GMT 10:25 2018 Thursday ,15 November

Huge amount of water siphoned into Earth's interior

GMT 13:37 2018 Tuesday ,13 November

Navalny says he is barred from leaving country

GMT 13:16 2018 Wednesday ,31 October

Climate change poses problems for winter sport

GMT 11:11 2018 Tuesday ,16 October

May meets cabinet amid fight to salvage Brexit deal

GMT 19:14 2011 Friday ,28 October

Barley Patch

GMT 18:23 2011 Sunday ,30 October

New Ford Ranger

GMT 06:59 2017 Thursday ,24 August

UK minister Burt visits Egypt

GMT 16:27 2017 Wednesday ,11 October

HM King congratulates Spanish king

GMT 09:21 2018 Monday ,15 January

Turkish passenger plane skids off

GMT 12:21 2018 Sunday ,07 January

Bayern's Heynckes rules out Vidal Chelsea move

GMT 06:39 2017 Sunday ,31 December

Gets 5-star Safety Certification

GMT 10:52 2017 Wednesday ,27 December

Els receives special invitation

GMT 23:16 2017 Wednesday ,31 May

Moroccan footballer did not decide

GMT 08:59 2017 Wednesday ,23 August

Egypt possesses modern industry of medical equipment

GMT 15:30 2011 Saturday ,14 May

Beauty under curfew in Tunis
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt 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 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday