Tag Archives: Unfair

CCI fines Jet Airways, InterGlobe Aviation, SpiceJet for unfair business practices

According to the regulator, the airlines acted in a concerted manner in fixing and revising the FSC rates in violation of competition norms that prohibit anti-competitive agreements, including cartels. Photo: Reuters New Delhi:¬†The Competition Commission of India (CCI) on Wednesday imposed a total fine of more than Rs54 crore on Jet Airways, InterGlobe Aviation and SpiceJet for unfair business practices ... Read More »

Unfair To Put Moral Code Of Conduct On RBI Chief: Subbarao

Mumbai:¬†Former RBI governor Duvvuri Subbarao on Friday spoke out against the idea of having a ‘moral code of conduct’ for the central bank head, strongly defending the right of public intellectuals like his successor Raghuram Rajan to use the gravitas of the office for public good. “I don’t think there should be any code of conduct on what subjects the ... Read More »

CCI Rejects Complaints of Unfair Practices Against Ola, Uber

Competition Commission has rejected allegations of unfair business ways against taxi hailing apps Ola and Uber after finding no evidence of anti-competitive practices by them in the national capital. Separate complaints were filed by rivals Mega Cabs and Meru alleging that Ola and Uber indulged in unfair practices such as predatory pricing, which is hurting their businesses. Taxi hailing apps ... Read More »