Air India CEO Meets Antitrust Body Chief Over Pending Vistara Merger: Report
NDTV
The CCI also said its initial review showed the market share of the Tata Group could be more than 50% in at least seven domestic markets, raising competition concerns, the person added.
Air India Chief Executive Campbell Wilson has held talks with India's antitrust head on its pending merger with sister airline Vistara, weeks after the watchdog raised concerns about market power, people familiar with the matter said.
The Competition Commission of India (CCI) has been scrutinising the planned merger of Air India, which Tata Group took over last year, with Vistara, a joint venture between Tata and Singapore Airlines. The merged airline would challenge local rival and market leader, IndiGo.
Sharing new details of CCI's concerns, the first source said the watchdog's confidential notice to the airline has raised worries about the combined entity's market power on many international and domestic routes.
