Anti-trust regulator Competition Commission of India has decided to review merger of Air India and Vistara, which may potentially delay the process.
People aware of the development said that CCI has not given expedited permission to the process and have instead sent a notice to the two airlines seeking reason on why an investigation of the impact of the merger should not be conducted. “The process has moved to phase 2 which will entail more discussion between the parties and CCI,” an official of the anti-trust body said.
