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India: Competition Commission may relook at cartelization issue

By  |  September 21, 2012

Competition Commission today said it could take a relook at the issue of cartelization in the airline industry in terms of hike in airfares but also said that ticket prices generally move up due to a mismatch between supply and demand. The Commission looked at the airfares some time ago, but found that the fares had moved up and down more because of the market play dynamics and not because of anti-competitive practices. So if the need arises, the Commission will look into the issue again.

Full Content: Business Standard

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