Competition Commission of India charges fine on Jet, IndiGo, SpiceJet

The Competition Commission of India (CCI) has imposed a penalty totalling Rs 258 crore on domestic carriers – Jet Airways (Rs 151.69 crore), IndiGo (Rs 63.74 crore) and SpiceJet (Rs 42.48 crore) – for fixing and revising fuel surcharge (FSC) for cargo transport through “concerted action”. The fair trade regulator’s order comes after the apex industry body of express companies Express Industry Council of India (EICI) filed a complaint against five airlines, including state-owned Air India (AI) and Go Airways, under Section 19(1)(a) of the Competition Act.