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<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> </head> <body> <div style="font-family:Verdana, Geneva, sans-serif; font-size:12px; text-align:justify"> <table width="800" border="0" style="border:1px solid #ccc;padding:5px;" align="center" cellpadding="6" cellspacing="0"> <tr> <td align="left" valign="top"> <br /> Competition Commission of India <br /><br /> CCI finds cartel in “intensely competitive” air cargo<br /><br /> MANU/CO/0099/2015 - (17 Nov 2015)<br /><br /> </td> </tr> <tr> <td align="left" valign="top">Express Industry Council of India v. Jet Airways (India) Ltd. and Ors.</td> </tr> <tr> <td align="left" valign="top" style="background-color:#FDEDCE"><strong>The Competition Commission of India found Jet Airways, Indigo Airlines and SpiceJet Limited guilty of contravening competition guidelines. It noted that the airlines had overcharged for freighting cargo, colluding to artificially raise the Fuel Surcharge at a time when costs were reducing. In so doing, the Commission disagreed with the findings of the Director General of Civil Aviation, which had assessed the air cargo industry to be “intensely competitive”. It determined from the close proximity of the surcharge manipulations that “It is neither the requirement of law nor any other jurisprudence that cartels must originate symmetrically, progress symmetrically…colluding parties would like to break the patterns through artificial gaps and arrangements so as to create a facade of competitive behaviour.”</strong></td> </tr> <tr> <td align="left" valign="top" ><strong>Relevant : Section 3 Competition Act, 2002 nActCompID=1713</strong></td> </tr> <tr> <td align="left" valign="top" ><strong>Tags : Competition, air cargo, cartel, surcharge, collusion</strong></td> </tr> <tr> <td align="left" valign="top"> </td> </tr> <tr> <!--<td><strong>Source : <a target="_new" href="http://www.manupatrafast.com/">newsroom.manupatra.com</a></strong></td>--> <td align="left" valign="top"><strong>Source : newsroom.manupatra.com</strong></td> </tr> <tr> <td align="left" valign="top"> </td> </tr> <tr> <td align="left" valign="top">Regards</td> </tr> <tr> <td align="left" valign="top">Team Manupatra</td> </tr> <tr> <td align="left" valign="top"> </td> </tr> </table> </div> </body> </html>