Two orders this past week prove that history is not going to be kind to OYO. Plus, MakeMyTrip was due for a comeuppance too.
Let’s begin this story with the interim order of the Competition Commission of India, or CCI, because I think it is both urgent and damning.
About three years back, two hotel franchise companies, Treebo and FabHotels, approached the competition watchdog with the complaint that MakeMyTrip had abused its dominant position in the online travel aggregator business and urged CCI to intervene and deliver justice. Much hoopla and drama unfolded. CCI first commissioned a study and found that MMT was indeed a dominant player in the online travel aggregator business in India and then launched an investigation into the matter.
Treebo …
Ashish is the editor-in-chief of The Morning Context. One of the best-known business feature writers in India, he was selected for Germany’s Robert Bosch Stiftung Fellowship in 2012 and received the Mumbai Press Club RedInk certificate of recognition in 2015 for his story “Inside the Network 18 takeover”. Before joining The Morning Context, Ashish co-founded The Ken, where he was managing editor. His previous writing stints include Mint, Forbes India and The Economic Times.
Editor-in-chief
ashish@mailtmc.com
London