IndiGo reviewing India antitrust order after mass cancellations
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IndiGo is reviewing an order from India's antitrust regulator following widespread flight cancellations in December that affected thousands of passengers. The Competition Commission of India (CCI) has initiated an investigation into the airline for creating artificial scarcity in the market by cancelling about 4,500 flights. IndiGo stated it will take appropriate action after a detailed review of the order. The airline's shares remained relatively stable, trading 1.5% lower after the announcement.
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