Start learning 50% faster. Sign in now
The Competition Commission slapped penalties totalling more than Rs 392 crore on online travel firms MakeMyTrip, Goibibo and hospitality services provider OYO for unfair business practices. A fine of Rs 223.48 crore has been slapped on Make My Trip-Goibibo (MMT-Go) and Rs 168.88 crore on OYO. Among others, it was alleged that MMT-Go imposed a price parity in their agreements with hotel partners. (Competition Commission of India Headquarters: New Delhi, Chairman: Ashok Gupta)