CCI sees no evidence of collusion by IndiGo, others in price fixing: Report
Investigators with India’s antitrust watchdog have found no evidence that the country’s biggest airline, IndiGo , and four rival carriers colluded to fix ticket prices, three sources with direct knowledge of the matter told Reuters.
The Competition Commission of India (CCI) in 2015 ordered a probe into allegations of anti-competitive practices after similar fares were being offered on certain routes by IndiGo, SpiceJet , GoAir, state-run Air India [AIN.UL] and now-defunct Jet Airways.
The CCI inquiry, which included an analysis of the algorithms airlines to determine ticket fares, found that all five airlines were working independently, the three sources said.
