Collusion over Indian skies?

HT Mint reports that starting next week, low-fare carriers SpiceJet, IndiGo and GoAir, that fly one in four air passengers in India, have fixed one-way airfares at around Rs5,400 between New Delhi and Mumbai, for the first time seemingly agreeing to common ticket prices on the busiest route in the country after three years of cut-throat price competition with each other.

But, India’s anti-trust regulator, responding to queries about the increase, immediately said the common fares—nearly double what was being charged recently—could be a serious violation of the country’s competition rules.