Mumbai: Fair trade watchdog Competition Commission today said it will look into the Tata Group’s proposed airline ventures with Singapore Airlines and AirAsia, if they find these entities are operating in the same space and are getting big. “These are new investments so they haven’t come to us. We are not really familiar with what these two entities are going to do, at this stage. But they are going to operate in separate markets. “If they are going to have some division or if they are not encroaching onto the same market or competing each other, there is no issue,” Competition Commission of India chairman Ashok Chawla told reporters when asked about Tatas’ airline investments.
The CCI chief, however, stated that it is not looking at these ventures at the moment because they are proposed to be operating in separate segments. “If there are issues where the same entities are operating in the same space and they are getting big, we shall see…But at this stage we have no idea,” he said.
15/11/13 First Post.com
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The CCI chief, however, stated that it is not looking at these ventures at the moment because they are proposed to be operating in separate segments. “If there are issues where the same entities are operating in the same space and they are getting big, we shall see…But at this stage we have no idea,” he said.
15/11/13 First Post.com
