The Indian Competition Authority imposes monetary fines on travel agents for abusing their dominant position in the online hotel bookings market (MMT-Go / OYO)
Introduction
On 19 October 2022, the Competition Commission of India (CCI) fined the leading Indian online travel agents (OTAs) MakeMyTrip India Pvt Ltd (MMT) and Ibibo Group Private Limited (Goibibo) (collectively referred to as "MMT-Go") 223,480,000 rupees (approximately $27.09 million) for abusing their dominant position in the "market for online intermediation services for booking of hotels in India". The CCI also fined a leading budget hotel chain in India, Oravel Stays Pvt Ltd (OYO), 168,880,000 rupees (approximately $20.47 million) for entering into an anti-competitive agreement with MMT-Go. In addition to imposing monetary penalties, the CCI gave behavioural directives to MMT-Go in order to ensure fair competition in the market. Facts
The matter arose out of a complaint filed
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