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of this information from the regulator.
Chawla said that the CCI heard the responses from Jet and Etihad on Wednesday and will pronounce its final decision in a few days. Even assuming the duo sail through, their trouble won't end as the case filed in the Compat would run its own course independently. The matter would come up for hearing on December 19.
In his petition to Compat, Bhargava has called the CCI's approval to the deal "bad in law, fraught with inconsistencies and issued without proper analysis of market conditions”.
The petition is critical of the order terming it riddled with "failure to conduct an independent analysis of the amended transaction documents", "failure to consider third-party concerns", "incorrect analysis of the relevant market", "incomplete competition analysis of the proposed combination" and "no assessment of barriers to entry". As per Bhargava's petition, if the proposed combination is permitted, passengers are likely to be deprived of airline choices on key routes and may have to pay higher prices with fewer options on planes, timings and service quality.
Air India is already opposed to the deal saying it would divert outbound traffic from India to a foreign carrier.