Competition Commission has held on to its observation about Etihad gaining joint control in Jet Airways and “significant” rights to appoint directors with a 24 per cent stake purchase, while rejecting a plea to “rectify” its order that approved the deal earlier this month. The two parties — Abu Dhabi-based Etihad and Naresh Goyal-led Jet Airways — had sought “rectification” to two parts of the order passed by the Competition Commission of India (CCI) on November 12 while clearing the deal.

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