Jet Airways, IndiGo and Spice Jet fined for cartelisation.

The Competition Commission of India (CCI) has imposed fine on three private airline companies for forming a cartel and raising freight charges. The CCI has alleged that these three airline companies have raised the ‘Fuel Surcharge’ in a concerted manner, and raised the freight charges. The CCI has fined Rs.39.8 crores on Jet Airways, Rs.9.5 crores on IndiGo and Rs.5.1 crores on Spice Jet, based on the complaint lodged by the Express Industry Council of India. It is not new that private companies form cartels among themselves, and raise prices and tariffs and thereby loot the public. This is the reason, why we are fighting for a strong and vibrant BSNL, so as to stop the looting by private telecom companies.

(Source : Times of India - 08-03-2018 )