The Competition Commission of India (CCI) has penalized three of the country’s airlines for what it says was concerted action in fixing and revising fuel surcharge (FSC), a component of freight charges. The CCI issued its final order March 7 following an investigation after complaints that airlines were operating a cartel. The heaviest penalty, of Rs39.81 crore ($6.1 million) was imposed on Jet Airways; fines of Rs9.45 crore and Rs5.10 crore were levied on InterGlobe Aviation and ...

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