India flags antitrust concerns with Air India, Vistara merger -sources

It is a new challenge for formerly government-owned Air India, which Tata Group took over last year.

Vaibhav Choukse, head of competition law at India's J. Sagar Associates, said that if the CCI isn't satisfied with Air India's response or the concessions offered, it could order a "Phase II" review that can take more than three months. The CCI note comes amid growing concerns within the industry about a duopoly, with a merged Air India-Vistara and IndiGo controlling more than 80% of the domestic market as smaller rivals such as SpiceJetMajor airline mergers typically receive scrutiny from big markets in which they operate around the world. In November, Tata and Singapore Airlines said they expected the merger to be completed by March 2024.

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