CCI imposes Rs 392 crore penalties on MakeMyTrip, Goibibo, OYO : The Competition Commission of India (CCI) has imposed monetary penalties of more than ₹392 crore on MakeMyTrip (MMT), Goibibo, and OYO.
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Reason: For alleged unfair business practices.
CCI imposed a fine of ₹223.48 crore on Make My Trip-Goibibo (MMT-Go) and ₹168.88 crore on OYO. CCI was investigating the companies since 2019 following allegations by a hotel body that MMT gave special treatment to Oyo on its platform. While, MMT-Go imposed price parity on hotel partners.
