Visit Florida
http://admin.travelmole.com/images/stories/2009/images/Garuda_Indonesia(10).jpg

Published on Wednesday, June 24, 2020

Indonesian airlines reprimanded for price hikes






Indonesia's antitrust regulator has found seven airlines guilty of anti-competitive practises but stopped short of fining them.


Last year all the airlines raised prices in quick succession causing a negative impact on domestic tourism for several months.


The airlines were Garuda Indonesia, Citilink, Lion Air, Wings Air and Batik Air, Sriwijaya Air, and NAM Air.


All the airlines were controlled by just two airline groups at the time.


Together, the airlines controlled more than 90% of the market.


They were found guilty of 'concerted action or parallelism' but here was no price-fixing collusion, the KPPU agency said.


The airlines must now inform the KPPU when they want to raise fares.


Although they were found to be violating anti-competitive rules, they were not fined due to the current tough business conditions.


The agency took into account the airlines' struggles due to the downturn in travel caused by the Covid-19 pandemic.

Story Image



Your Comments

, be the first to post a comment.
Your email:






Email other comments made to this story


NOTE: Comments are subject to admin approval before being posted.
Mole Poll
Are Vaccine Passports the best way forward for travel ?
YES 53.77 %
NO 46.23 %

Thank you for your vote



What is GoodtoGo?


Current UK Special Edition



Current US Special Edition



Current Asia/Pacific Special Edition



LATEST 'MOLE VIDEOS

Covid Free Anguilla - we speak to the Tourist Board

Follow me to Tuolumne - Califonia destination in the heart of Yosemite

Extra Income from selling activities ? We talk to TripAdmit

Utah the ultimate sustainable destination ...we speak to the people in charge

Should the UK have a Cabinet Minister for Tourism ? UKInbound talk to TravelMole

UPCOMING EVENTS
\m