Oyo fined
WebOct 24, 2024 · India’s competition watchdog has fined online hotel-booking company MakeMyTrip Group about $27 million (₹223.48 crore) and hotel chain Oyo about $20 million (₹168.88 crore) for anti ... WebOct 27, 2024 · The Competition Commission of India (“CCI”), vide its order dated 19.10.2024, imposed penalty of Rs. 223.48 on MMT-Go for having abused its dominant position in the market and indulged in...
Oyo fined
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WebOct 20, 2024 · The Competition Commission of India (CCI) on Wednesday imposed penalties of ₹223.48 crore and ₹168.88 crore on Goibibo-MakeMyTrip (Go-MMT) and OYO … WebOct 28, 2024 · (“MakeMyTrip and OYO Fined for Anti-Competitive Behavior,” October 21, 2024 via Phocus Wire) In a press release issued last week, the Competition Commission of India (CCI) announced that it levied fines of $27 million against online travel agent, MakeMyTrip, for abusing its dominant market position. The fine is in addition to …
WebOct 19, 2024 · Oyo was fined Rs 200 crore. Bengaluru: India’s competition regulator said on Wednesday that it had fined online hotel-booking companies MakeMyTrip Ltd and Goibibo and IPO-bound hotel chain Oyo a combined $47 million for anti-competitive behaviour. The Competition Commission of India (CCI) has been investigating the companies since 2024 ...
WebOct 20, 2024 · Online ticketing and hotel reservations company MakeMyTrip and Goibibo (MMT-GO) and hotel room aggregator OYO Rooms were fined Rs 392 crore by the … WebMay 23, 2024 · The hospitality industry body alleged that "OYO is responsible for the systemic depredation of the budget segment hotel business and its market as a means to achieve a notional billion-dollar valuation which is a serious cause of concern for the hospitality ecosystem of the country." 15 Nov, 2024, 09:35 PM IST
Web1 day ago · The Oyo State Government through the state Agribusiness Development Agency (OYSADA) and its Covid-19 Action Recovery and Economic Stimulus, (N-CARES) project, have again commenced the distribution ...
WebOct 20, 2024 · Collectively, they have been charged to pay a penalty of $47 million, which is approximately amounts to 392 crore Indian rupees— where MakeMyTrip and Goibibo … download free desktop backgrounds windows 10WebOct 25, 2024 · Well, the story dates back to 2024 when FHRAI (Federation of Hotel & Restaurant Associations of India), Treebo and FabHotels took MMT-Go (the merged entity of MakeMyTrip-Go Ibibo) and OYO to the CCI. They accused MakeMyTrip of colluding with OYO, abusing their dominance, and controlling prices in the market. clash of corgisWebOct 20, 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. clashof codeWebOct 19, 2024 · The Competition Commission of India on Wednesday ordered MakeMyTrip and Oyo to pay hundreds of crores in fines for anti-competitive conduct in hotel room … clash of communities baseballWeb19 hours ago · Oyo agency insists on N1m fine for truck owner who violated state traffic law Mr Fagbemi said the Oyo state government intervened before the police allowed the … clash of cocWebApr 15, 2024 · “No amount of intimidation or interference will stop the Authority from executing its constitutional responsibilities of ensuring safety on all roads in Oyo State, … download free dictionary onlineWebOct 20, 2024 · Leading hospitality service providers OYO and MakeMyTrip-Goibibo (MMT-GO) were fined more than Rs392 crore by CCI (Competition Commission of India) on Wednesday. The penalty is mentioned on page 131 and is explained as “Unfair Business Practice”. Allegations are that MMT-GO & OYO made an agreement regarding price parity. download free dictionary csv format