MakeMyTrip Faces Shortseller Allegations and Competition Commission Investigation
India's largest online travel agency MakeMyTrip is accused of abusive and anti-competitive practices by activist shortseller Morpheus Research, which also claims a new undisclosed regulatory investigation by India's Director General of Competition Commission is underway.
Key Points
- Morpheus Research accuses MakeMyTrip of abusive and anti-competitive practices
- Competition Commission of India (CCI) reportedly conducting undisclosed investigation
- Findings expected in early 2026 according to the report
- MakeMyTrip is India's largest online travel agency
Full Details
MakeMyTrip, India's leading online travel agency, is facing serious allegations from activist shortseller Morpheus Research. The firm has accused the company of indulging in 'abusive and anti-competitive practices' in the Indian travel market. Morpheus Research's report claims to have found evidence of a new and undisclosed regulatory investigation from the Director General of the Competition Commission of India (CCI), with potential findings and actions expected in 'early 2026'. This adds to ongoing regulatory scrutiny of MakeMyTrip, which also faces accusations of financial misrepresentation. The news comes as India's aviation industry deals with significant delays in aircraft procurement due to supply chain challenges, while airlines and hotel chains continue to expand operations.
Why It Matters
This investigation could significantly impact India's online travel market dynamics and potentially reshape competitive practices in the sector.
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