I would like some ideas out of the question. A CEO of a charter airline has informed his manager that he was at a business lunch with another aircraft charter operator and at

lunch they were discussing the recent price war in domestic charter

flights between cities His friend suggested that the war needs to end as it

was making it too hard to make a buck. He said that the charter operators need to just "get

their heads together and agree on a price which is reasonable". The CEO is enthusiastic

about this approach, but would like to know whether there are legal issues arising

out of the charter operators getting together and deciding on a pricing structure so that the

business remains profitable for all of them?