Delhi High Court declines to cap airline fares, citing competitive industry and market forces.
Delhi High Court refuses to cap airline fares, states autorickshaw fares often higher than airfare. The court said the airline industry is highly competitive and it's not appropriate for the court to pass directions for capping airfares. The court disposed of two petitions seeking regulation of the pricing of flight tickets and stated that market forces will decide the pricing of tickets.
May 15, 2024
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