India watchdog probes SoftBank-backed Oyo

Hotel operators' group alleges cartel to dominate market

20191219 OYO hotel

Oyo claims to be the world's second-largest hotel operator with a portfolio of more than 12 million rooms across 80 countries. (Photo by Akira Kodaka)

MUMBAI (NewsRise) -- India's competition watchdog is probing if online travel company MakeMyTrip and SoftBank Group-backed Oyo formed a cartel to dominate the market, signaling fresh trouble for the hotel aggregator already facing growing discontent among its partners.

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