MRTPC admits BJP leader's plea to probe Jet-Kingfisher tie-up

New Delhi: Anti monopoly body MRTPC has directed its investigative unit DGIR to probe into the operational alliance formed between two private
carriers, Jet Airways and Kingfisher Airlines, following a plea filed by BJP leader Kirit Somaiya seeking a "detailed study and inquiry".
Admitting the petition, Monopolies and Restrictive Trade Practices Commission bench headed by Justice O P Dwivedi has directed its investigative unit Director General of Investigations and Registration to look into the matter and submit a preliminary investigation report (PIR).
In his petition, Somaiya had requested the Commission to probe the main objective of the alliance between the two domestic airlines which would control around 60 per cent of the business.
On October 17, taking suo motto cognizance, the Commission had directed the DGIR to probe if the alliance between the two carriers would lead to monopolisation.
Highly placed sources said the DGIR has already sent probe notices to Jet Airways and Kingfisher Airlines seeking details of commercial arrangement along with pricing strategy and is awaiting responses. If possible DGIR may attach the two cases together.
09/11/08 PTI/Economic Times

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Categories: Jet Airways Nov 2008, Kingfisher Nov 2008