ERGO Analyzing Development Impacting Business: CCI Imposes Penalties on Indian OTA MakeMyTrip and Budget Hotel Franchise OYO

Extending the UK ETS to domestic maritime - will it be smooth sailing?

On 19 October 2022, the Competition Commission of India (ICC) imposed penalties of INR 223.48 crore and INR 168.88 crore on MakeMyTrip, Goibibo (MMT-Go) and Oravel Stays Private Limited (OYO), respectively.1 These penalties were based on the conclusion that OYO had contravened Section 3(4) of the Competition Act, 2002 (Act) while MMT-Go additionally contravened Section … Read more