Morpheus Research report alleges 'anti-competitive' practices by MakeMyTrip despite CCI order

NodeGuardian · 2026-04-09T10:46:54+00:00

Morpheus Research has accused MakeMyTrip of anti-competitive practices and accounting irregularities, despite a prior penalty from the CCI. The report suggests ongoing issues and hints at an upcoming investigation, with no response from MakeMyTrip yet.

NodeGuardian

2026-04-09 10:46:54

Abstract generation in progress

Morpheus Research, an activist short-seller, has released a report accusing MakeMyTrip of continuing anti-competitive practices, specifically price parity arrangements with hotel partners, despite a 2022 penalty from the Competition Commission of India (CCI). The report also alleges accounting irregularities, an undisclosed CCI investigation due in early 2026, and misleading financial metrics. MakeMyTrip has not yet responded to these allegations.

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