IndiGo shares tumble! InterGlobe Aviation stock plunges 3% as CCI launches detailed probe

InterGlobe Aviation shares tumbled as the Competition Commission of India (CCI) launched a detailed probe into IndiGo for alleged unfair business practices. The regulator suspects the airline misused its dominant market position by cancelling thousands of flights, creating artificial scarcity and restricting consumer access to air travel.

IndiGo shares tumble! InterGlobe Aviation stock plunges 3% as CCI launches detailed probe
InterGlobe Aviation shares tumbled as the Competition Commission of India (CCI) launched a detailed probe into IndiGo for alleged unfair business practices. The regulator suspects the airline misused its dominant market position by cancelling thousands of flights, creating artificial scarcity and restricting consumer access to air travel.