India Competition Watchdog Hits MakeMyTrip and Oyo With $47 Million in Sanctions

India's competition watchdog has fined online hotel-booking company MakeMyTrip Group about $27 million (₹223.48 crore) and hotel chain Oyo about $20 million (₹168.88 crore) for anti-competitive behavior.

The Competition Commission of India (CCI) has been investigating the companies since 2019, after a hotel body alleged that MakeMyTrip gave biased preference to SoftBank-backed Oyo on its sites and mobile apps.

OYO and MakeMyTrip said they were reviewing the order. Both companies said they believed their business practices were fair and lawful.

Some backstory, first: In October 2015, MakeMyTrip blocked its main competito