27 Mar NCAA moves against Gang-Up in Price Fixing by Airlines
The Director General of Nigerian Civil Aviation Authority (NCAA), Captain Musa Nuhu says the agency will sanction airlines against price fixing or any gang up by local and international carriers to fix price of flight tickets without its knowledge. He spoke at the 46th Annual General Meeting of the National Association of the Nigeria Travel Agencies (NANTA) in Kano at the weekend.
Nuhu, who was reacting to the theme of the AGM, “Antitrust: Opportunities Available for Protection of the Nigeria Travel Market,” said the regulatory agency had taken some steps to protect the customers and travel agencies in this regard and promised to publicise the sanctions so far taken to forestall possible gang up and price fixing in the industry.
He described antitrust as, when a group of people providing services come together and gang up and fix prices to the detriment of the travelling public and those who are using these services and assure the travel agencies that commercial airlines in Nigeria would be closely monitored to ensure that there was no price fixing.
He reiterated that there were regulations in place that prohibited such practices and efforts were ongoing to ensure such regulations were implemented.
“The travelling public can be rest assured that we are working on them,” Captain Musa said.
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