CCI imposes fine of Rs 5.10 crore on SpiceJet

08 Mar 2018

The Competition Commission of India (CCI) has imposed a fine of Rs 5.10 crore on SpiceJet for unfair business practices with respect to fixing fuel surcharge on cargo transport. The watchdog has also directed SpiceJet to cease and desist from anti-competitive practices. The order has come on a complaint filed by Express Industry Council of India against the airlines alleging cartelisation.

SpiceJet is among the first private companies that stepped into the Indian aviation sector.



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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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