India antitrust investigators see no evidence of collusion by IndiGo, SpiceJet and others - News Summed Up

India antitrust investigators see no evidence of collusion by IndiGo, SpiceJet and others


The Competition Commission of India (CCI) in 2015 ordered a probe into allegations of anti-competitive practices after similar fares were being offered on certain routes by IndiGo, SpiceJet, GoAir, state-run Air India and now-defunct Jet Airways. The second-biggest airline, SpiceJet, GoAir, Air India and Jet Airways did not respond to a request for comment. Details of the CCI case, which was investigated in two phases, have not been made public in line with the watchdog's practice. The CCI's investigation arm had already produced a report in 2016 saying no antitrust practices were detected. In a separate antitrust case in 2018, the CCI found that IndiGo, Jet Airways and SpiceJet had colluded over fuel surcharge rates on cargo flights, fining them a total of 544 million rupees ($7.61 million).


Source: bd News24 February 19, 2020 07:07 UTC



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