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Airlines indicate plans to challenge CCI order

Press Trust of India  |  New Delhi 

SpiceJet, and today indicated that they plan to challenge Competition Commission's order penalising them for alleged anti-competitive practices with regard to fixing of fuel surcharge for cargo transport.

The of (CCI) has slapped a total fine of more than Rs 54 crore on the three airlines and has also directed them to cease and desist from anti-competitive practices.

"As of now, the company is examining the order of CCI dated March 7, 2018 and shall be taking such steps, including challenging the order in appropriate forum as may be advised and deemed necessary to defend the company's position," said.

It also noted that the probe conducted by the Director General, which is CCI's investigation arm, had concluded that the airlines did not indulge in anti-competitive activities.

said after perusal of the CCI order, the would "pursue all available legal steps to defend its position as it believes that it is not in contravention of the provisions of the Competition Act 2002".

About the ruling, -- the parent of IndiGo -- said it is in the process of reviewing the CCI order and is considering exercising its statutory right to appeal against the order.

"In our view, the order or the associated do not materially impact the business or operations of the company," it added.

The three airlines made their stance clear on the CCI order through separate filings to the stock exchange.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 08 2018. 20:55 IST