The Competition Commission of India (CCI) has given its nod to the Jet Airways-Etihad deal, paving the way for the Abu Dhabi-based airline to acquire 24 per cent in the Indian carrier. In its order issued on Tuesday, CCI ruled the proposed combination “is not likely to have appreciable adverse effect on competition in India”.The majority order, passed by CCI chairman Ashok Chawla and four members, said the approval can be revoked if information provided by Jet and Etihad is found to be incorrect at any time. One CCI member, Anurag Goel, dissented with the majority view. The anti-trust body’s clearance means that both sides can go ahead with the transaction. According to sources, Etihad’s investment in Jet Airways is likely to be completed in the next 15 days. 

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