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tata: Singapore anti-trust regulator raises concerns over Tata’s AI purchase – Times of India

NEW DELHI: The Competition and Consumer Commission of Singapore (CCCS) has expressed concerns over Tatas buying Air India (AI) as three associated entities now have a significant presence on “overlapping passenger routes” — Delhi-Singapore and Mumbai-Singapore — other than “overlapping cargo routes” between India and town state. Singapore Airlines (SIA) is a49% stakeholder in Vistara, which is 51% owned by the Tatas. Now Tatas personal 100% of AI.
Together, these three have a significant presence on the IndiaSingapore sector. CCCS says it “needs to assess further whether the competitive constraint from other (unrelated) airlines, such as IndiGo, would be sufficient after the transaction. Accordingly, CCCS needs to further review the competition effects of the transaction in greater detail. ”
The fee had this January accepted an software from Talaca, the Tata entity fashioned for buying AI, to determine “whether the transaction infringes (Singapore’s) Competition Act 2004, which prohibits mergers that have resulted, or may be expected to result, in a substantial lessening of competition. …”
“CCCS needs to assess further the extent to which SIA competes with the merged entity along these routes, given that SIA is a JV partner with Tata Sons in Vistara…,” says CCCS.

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