Sunday, September 29, 2013

CCI to probe high air fares for 5th time; wants more details

With air fares soaring again, fair trade watchdog CCI is gearing up for a fresh probe into possible cartelisation among airlines to jack up prices, and it wants to gather more details this time around.
The Competition Commission of India (CCI) has already probed "four times" the alleged cartelisation among air carriers to jack up the fares, but could not find any clear evidence of cartel activities, CCI Chairman Ashok Chawla said.
However, CCI has received a fresh complaint earlier this month from the Air Passengers Association of India (APAI), which has alleged that airlines were acting as cartels to push the ticket prices.
Chawla said that CCI would need some more details to re-look at this cartelisation issue "intensively and vigorously" and the APAI would be asked for more details about the required information.
29/09/13 PTI/Business Standard
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