Question
Recently Competition commission fined OYO, Goibibo and
MakeMyTrip for unfair business practice, who is the chairman of Competition commission of India?Solution
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)
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