Thursday 29 November 2012

Air fare, petrol cartelisation: CCI waits for info before taking call


New Delhi: The Competition Commission of India (CCI) said on Thursday it will take a decision on whether to probe alleged cartelisation among airlines in fixing air fares after getting more information on the issue. CCI has also sought information from the petroleum ministry on alleged oil price carterlisation.
CCI chairman Ashok Chawla said: “We have asked the petroleum ministry to give us information on the way the sector works and how all of them arrive at similar prices. We are awaiting their response.”
On the issue of cartelisation in air fares, as alleged by Captain Gopinath, former head of Air Deccan and the pioneer of low-cost airlines in the country, Chawla said: “The commission has taken note of the statement. So, we have asked him to share whatever information he has... He has asked for a meeting (with me). We are awaiting further inputs from him before we look into the matter.”
In recent times, the fair trade regulator has imposed penalties on some industry associations, such as cement, pharmaceutical, LPG cylinders and film producers associations. It has also dismissed cases brought forward by tyre associations, among others.
Commenting on the current competition law, Chawla said they are “reasonably robust and quite aggressive”.


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