The Competition Commission of India (CCI) is investigating Etihad’s decision to buy 24% stake in Jet Airways for $379 million. The watchdog intends to check to see if this deal will mean Etihad getting substantive control in Jet and, if so, its impact on other airlines. CCI is also likely to examine proposed AirAsia India, a joint venture between the Malaysian budget carrier and Tata Sons.
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