Makemytrip cci case
WebDear Connections. I am thrilled to share that our blog authored by Aditya Kashyap and I, titled "Revisiting the MMT-Goibibo Case – Is CCI Geared Up?" got… 13 تعليقات على LinkedIn Web25 okt. 2024 · Image courtesy: Google. Google is having a rough week. On Tuesday, the Competition Commission of India (CCI) on Tuesday slapped Google with a penalty of Rs 936.44 crore – its second major ruling against the company in less than a week. The regulator also last week imposed a Rs 392 crore fine on MakeMyTrip, Goibibo and OYO.
Makemytrip cci case
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New Delhi: The Competition Commission of India’s (CCI’s) Wednesday order imposing a monetary penalty on MakeMyTrip, Goibibo, and OYO might only be a rap on the knuckles for the companies, but it also stands to make booking a hotel a better and cheaper experience for travellers. Meer weergeven The main allegation against MMT-Go was that it had imposed conditions in its agreements with hotel partners wherein the hotels … Meer weergeven It was also alleged that MMT-Go and OYO had entered into a confidential agreement that had resulted in OYO’s competitors being removed from the MMT-Go platform. While the … Meer weergeven Yet another allegation against MMT-Go was that the platform was showing certain hotels and properties as being ‘sold out’ whereas … Meer weergeven Web23 mrt. 2024 · The Gujarat High Court has granted a stay on the March 9 Competition Commission of India ( CCI) interim order concerning MakeMyTrip, Treebo, Fab Hotels …
Web29 dec. 2024 · Nasdaq-listed MakeMyTrip (MMT) has deposited 10 per cent of the CCI imposed penalty amount of ₹223.48 crore for indulging in anti-competitive practices. The company has simultaneously moved the ... Web7 uur geleden · It will be interesting to see the process followed by the government in the next few months in terms of increasing regulation over digital markets. Needless to say, our overall focus should be on promoting competition whilst also not stifling innovation by new or existing digital market entities. First published March 25, 2024.
Web20 okt. 2024 · The 131-page CCI order stipulated that MMT-GO shall pay Rs 223.48 crore and OYO Rs 168.88 crore for the alleged anti-competitive practices followed by the companies. Online ticketing and hotel reservations company MakeMyTrip and Goibibo (MMT-GO) and hotel room aggregator OYO Rooms were fined Rs 392 crore by the … WebDear Connections. I am thrilled to share that our blog authored by Aditya Kashyap and I, titled "Revisiting the MMT-Goibibo Case – Is CCI Geared Up?" got… 13 comments on LinkedIn
Web30 okt. 2024 · There is a "prima facie case for investigation" against MakeMyTrip and Oyo for alleged violations of rules barring uncompetitive agreements between parties, the Competition Commission of India (CCI) said in an order dated Oct. 28. The order follows a complaint from the Federation of Hotel and Restaurant Associations of India (FHRAI), an ...
Web20 okt. 2024 · In the case of MMT and Goibibo, the total penalty of Rs 223.48 crore translates to 5 per cent of the average three-year annual turnover of the two entities. The total penalty of Rs 168.88 crore on OYO is equivalent to 5 per cent of the average three-year relevant turnover, which includes turnovers of Oravel Stays Ltd and OHHPL (Oyo Hotels … microsoft store is blocked windows 11 intuneWeb31 jul. 2024 · On October 28, 2024, the CCI issued a prima facie order to conduct detailed investigation against online travel agents (‘ OTAs ’) – MakeMyTrip India Pvt. Ltd. (‘ MMT ’) and Ibibo Group Private Limited (‘ Ibibo ’), and the hospitality service provider Oravel Stays Private Limited (‘ Oyo ’) (collectively, ‘ Opposite Parties ’). [1] microsoft store iptv playerWeb19 okt. 2024 · The CCI has also directed MakeMyTrip and Goibibo to amend its market behaviour. Enter the characters shown in the image. The Competition Commission on Wednesday slapped penalties totalling more than Rs 392 crore on online travel firms MakeMyTrip, Goibibo and hospitality services provider OYO for unfair business practices. microsoft store in tysons cornerWeb23 okt. 2024 · Case Title: Federation of Hotel & Restaurant Associations of India (FHRAI) & Anr. v MakeMyTrip India Pvt. Ltd. (MMT) & Ors. Case No.: Case Nos. 14 of 2024 & 01 … microsoft store is blocked reg keyWeb19 okt. 2024 · The CCI has been investigating the companies since 2024 following allegations by a hotel body that MakeMyTrip gave special treatment to SoftBank-backed … microsoft store ipsWebMakeMyTrip India Pvt. Ltd. ... Case No. 14 of 2024 and 01 of 2024 Page 2 of 53 Sohna Road, Sector-49, Gurugram-110049 With Case No. 01 of 2024 In Re: Rubtub Solutions ... microsoft store is incredibly slow todayWeb19 okt. 2024 · Online travel firms Make My Trip-Goibibo (MMT-Go) and hospitality services provider OYO were slapped with penalties totalling more than Rs 392 crore by the … microsoft store is disabled