India antitrust investigators see no evidence of collusion by IndiGo, SpiceJet and others: Sources
NEW DELHI: Investigators with India’s antitrust watchdog have found no evidence that the country’s biggest airline, IndiGoNSE -1.32 %, 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, SpiceJetNSE -0.40 %, GoAir, state-run Air India and now-defunct Jet AirwaysNSE 4.89 %.
