New Delhi: Amid sharp fluctuations in air fares, Competition Commission is once again probing whether cartelisation among airliners is influencing the movement of ticket prices.
The Competition Commission of India (CCI), has the mandate to keep a tab on unfair trade practices at market place, has started the investigation into the matter after getting a reference from a Parliamentary panel.
A source close to the development said the Commission is investigating the movement of air fares to check whether there are anti-competitive practices involved. "We are investigating the air fares issue," the source told PTI. It could not be immediately ascertained when the Commission began its fresh probe into the matter.
15/06/14 PTI/Economic Times
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The Competition Commission of India (CCI), has the mandate to keep a tab on unfair trade practices at market place, has started the investigation into the matter after getting a reference from a Parliamentary panel.
A source close to the development said the Commission is investigating the movement of air fares to check whether there are anti-competitive practices involved. "We are investigating the air fares issue," the source told PTI. It could not be immediately ascertained when the Commission began its fresh probe into the matter.
15/06/14 PTI/Economic Times
