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India: Gov says it detected no violation in airfare surge

By  |  February 7, 2017

Amid concerns over sudden spike in airfares in some sectors, Government today said in the Rajya Sabha that there has been no anti-competitive or predatory pricing behaviour by the airlines.

Responding to queries with regard to recent surge in air ticket prices to and fro Srinagar due to inclement weather, Minister of State for Civil Aviation Jayant Sinha said air ticket prices are competitive and based on market economy.

“Airline market is based on market economy and there is lot of competition,” he said.

Citing analysis of available data, Sinha said the prices being set in the airline market are competitive and “no violation” has been observed which can be called as anti-competitive behaviour.

He said research and analysis of airfares are done to to check predatory pricing.

Full Content: Indian Express

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