The Competition Commission of India on Thursday said volatility of demand and supply could be the main reasons behind airfare rise, but if there was any cartelisation in the aviation sector, the commission would look into it.

“The Commission looked at the airfares some time ago, but we found that the fares had moved up and down more because of the market play dynamics and not because of anti-competitive practices, that they had formed a cartel,” CCI Chairman Ashok Chawla said.

“If the need arises, the commission will look into the issue again,” he said.

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First Published: Sep 21 2012 | 12:50 AM IST

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