Wednesday, 18 November 2015

CCI slapped penalty on Jet Airways, Indigo and Spice Jet for forming cartel to fix fuel surcharge

Competition Act: Where opposite parties i.e. Jet Airways, Indigo and Spice Jet had acted in a concerted manner in fixing and revising fuel surcharge (FSC) rates for transporting cargo, conduct of OPs was anti - competitive and penalty was to be imposed upon them

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