CCI fines MMT-Go and OYO with Rs 392 crore for unfair practices
By MYBRANDBOOK
Online travel firms Make My Trip-Goibibo (MMT-Go) and hospitality services provider OYO were slapped with penalties of Rs 223.48 crore and Rs 168.88 crore respectively, totalling more than Rs 392 crore by the Competition Commission of India (CCI).
MMT acquired Ibibo Group Holding in 2017 and operates its hotels and packages business through MMT India under the brand name MakeMyTrip, while Ibibo India operates under the brand name Goibibo.
It is alleged that MMT-Go imposed a price parity in their agreements with hotel partners. Under these deals, hotels are not allowed to sell their rooms on any other platform or on its own online portal at a price below the price at which it is being offered on the two entities’ platforms.
MakeMyTrip also accorded preferential treatment to OYO on its platform, which caused denial of market access to other companies. Besides the monetary fine, the CCI also directed MMT-Go to suitably modify its agreements with hotels/chain hotels to remove/abandon the price and room availability parity obligations imposed by it on its hotel/chain hotel partners with respect to other OTAs (Online Travel Agencies).
The CCI order said, “MMT-Go is directed to provide access to its platform on a fair, transparent and non-discriminatory basis to the hotels/chain hotels, by formulating the platforms' listing terms and conditions in an objective manner.”
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