Cryptocurrency Prices by Coinlib

Airtel moves CCI against Reliance Jio’s ‘predatory pricing’

Bharti Airtel has taken the telecom war with its now biggest competitor Reliance Jio to the next step as it has filed a complaint against the company with Competition Commission of India (CCI). Airtel has accused Reliance Jio of ‘creating a monopoly for itself’ with its ‘predatory pricing’. It is a strategic business tactic adopted to enhance market power with the objective of eliminating competition, which it has succeeded to a large extent during the quarter October to December 2016 itself,” Airtel said.

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