AI-Vistara merger gets approval from Singapore panel
Wednesday, 6 March 2024
The Competition and Consumer Commission of Singapore has conditionally approved the merger of Vistara into Air India, with SIA and Tatas holding stakes. The merger raises competition concerns on routes between Delhi, Mumbai, Chennai, Tiruchirapalli, and Singapore due to potential price and capacity coordination and the parties' substantial market share.
The Competition and Consumer Commission of Singapore has conditionally approved the merger of Vistara into Air India, with SIA and Tatas holding stakes. The merger raises competition concerns on routes between Delhi, Mumbai, Chennai, Tiruchirapalli, and Singapore due to potential price and capacity coordination and the parties' substantial market share.
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