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CCI order on MakeMyTrip, Oyo spurs fresh debate on price parity agreements

Newsroom Editor by Newsroom Editor
October 31, 2022
in Business
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The Competition Commission of India‘s Rs 392-crore penalty on online travel aggregators MakeMyTrip (MMT) and Goibibo and hospitality firm Oyo for instances of unfair business practices has triggered a fresh debate on price parity agreements and discounting practices implemented by consumer Internet firms.

A price parity agreement in a consumer Internet context can be defined as a contract under which suppliers or sellers are obligated to…



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Tags: CCICompetition Commission of IndiaMakeMyTripOyo
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