IndiGo Faces Antitrust Probe Over Mass Flight Cancellations, Soaring Fares

• India's Competition Commission (CCI) initiated a review into IndiGo for alleged antitrust violations after widespread flight cancellations.
• Earlier this month, IndiGo cancelled around 4,500 flights due to pilot roster issues, stranding thousands and causing airfare surges.
• A complaint alleges IndiGo cancelled confirmed flights and offered replacements at significantly higher prices, abusing its dominant market position.
• IndiGo holds over 60% of India's domestic aviation market; with Air India, they control over 90% of capacity.
• The CCI's preliminary assessment could lead to a detailed investigation and potential penalties if competition law violations are established.

Why It Matters: India's competition regulator is probing IndiGo for alleged market abuse after mass flight disruptions.