The antitrust regulator of Singapore has raised concern over the Tata group’s acquisition of Air India, saying it could limit competition on the India-Singapore air routes.
The Competition and Consumer Commission of Singapore (CCCS) has sought certain commitments from the Tatas to address the concerns and has decided to review the transaction in “further detail”, it said on Friday.
The Tata group, which owns a majority stake in Vistara – its joint venture with Singapore Airlines, completed the acquisition of Air India on January 27. Both airlines operate on the Mumbai-Singapore and Delhi-Singapore routes and also carry cargo between the