Question
Recently Competition Commission slapped penalties
totaling more than Rs 392 crore on online three travel firms for unfair business practices, which of the following was not on the list?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. Under such pacts, the hotel partners are not allowed to sell their rooms on any other platform or on its own online portal at a price below the price at which it is being offered on the two entities' platforms. Competition Commission of India Headquarters: New Delhi Chairrman: Ashok Guptha
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