Tata Group might want to persuade Singapore’s Competition and Consumer Commission (CCCS) that its takeover of Air India doesn’t violate the nation’s anti-competition legal guidelines.
This is as a result of the CCCS has noticed that Air India and Vistara, which is a 51:49 three way partnership between Tata Group and Singapore Airlines, are two of the three key market gamers alongside overlapping air passenger and air cargo transport routes. These embrace the availability of worldwide air passenger transport providers alongside direct flights on the Singapore-Mumbai and Singapore-Delhi routes in addition to the availability of air cargo transport providers from Singapore to India.
“Both airlines are likely to be each other’s close, if not the closest, competitor,” CCCS has noticed. Section 54 of Singapore’s Competition Act 2004 prohibits mergers which have resulted, or could also be anticipated to outcome, in a considerable lessening of competitors in Singapore. FE
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