- 1
- Each Contracting Party shall allow prices for air transportation to be established by each designated airline based upon commercial considerations in the marketplace. Intervention by the Contracting Parties shall be limited to:
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- a.prevention of unreasonably discriminatory prices or practices;
- b.protection of consumers from prices that are unreasonably high or restrictive due to the abuse of a dominant position;
- c.protection of airlines from prices that are artificially low due to direct or indirect governmental subsidy or support.
- 2
- Each Contracting Party may require notification to its aeronautical authorities of prices to be charged to or from its territory by airlines of the other Contracting Party.
- 3
- Neither Contracting Party shall take unilateral action to prevent the inauguration or continuation of a price charged or proposed to be charged by (a) an airline of either Contracting Party for international air transportation between the territories of the Contracting Parties, or (b) an airline of one Contracting Party for international air transportation between the territory of the other Contracting Party and any other country.
- If either Contracting Party considers any such price inconsistent with the considerations set forth in paragraph (1) of this Article, it shall request consultations and notify the other Contracting Party of the reasons for its dissatisfaction as soon as possible. These consultations shall be held not later than thirty (30) days after receipt of the request, and the Contracting Parties shall co-operate in securing information necessary for reasoned resolution of the issue. If the Contracting Parties reach agreement with respect to a price for which a notice of dissatisfaction has been given, each Contracting Party shall use its best efforts to put that agreement into effect. Without such mutual agreement, the price shall take effect or continue to be in effect.
- 4
- Notwithstanding the provisions of this Article, the prices to be charged by the designated airline of the Kingdom of Bahrain for carriage wholly within the European Union shall be subject to European Union law.
