Monday, May 13, 2013

Competition Commission probes IATA for unfair trade practices


New Delhi: Fair trade watchdog CCI is probing allegations of anti-competitive practices against the International Air Transport Association (IATA) and its India arm with regard to air cargo transportation services.
A trade association of airlines, IATA accounts for about 84 per cent of total air traffic worldwide.
The allegation pertains to cargo agents' being required to seek accreditation from IATA to carry out international air cargo transportation services for the latter's member carriers.
Competition Commission of India (CCI) has ordered its Director General (DG) to investigate the complaint filed by the Air Cargo Agents Association of India.
"... the Commission is of the opinion that the decisions/ resolution prescribing the rate of commission to be paid to the intermediaries or similar other decisions pertaining to prices/charges were prima facie in contravention of Section 3(3) of the (Competition) Act," it said.
13/05/13 PTI/Economic Times
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