Tag: airlines

Singapore’s wall of antitrust over Tata’s purchase of Air India; The group owns two of the three major airlines.

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[ad_1] Air India’s takeover by the Tata group is likely to run into a regulatory wall in Singapore and now the Indian conglomerate needs to explain that the acquisition does not violate the country’s anti-competition laws. The Competition and Consumer Commission (CCCS) of Singapore, the country’s antitrust body, observed on Friday that Air India and Vistara, a 51:49 joint venture between the Tata Group and Singapore Airlines, are two of the three major players in the market. operate flights to singapore. -Mumbai and Singapore-Delhi routes, resulting in overlapping of both…