Why India keeps drifting into two-player markets and when it becomes a problem

The IndiGo crisis has revived fears of duopolies across the Indian economy, from airlines and telecom to UPI and e-commerce. Data does show heavy concentration in a few hands, but experts and regulators say high market share isn’t a problem by itself. However, things can go wrong when dominant firms shut out rivals or exploit consumers.

Why India keeps drifting into two-player markets and when it becomes a problem
The IndiGo crisis has revived fears of duopolies across the Indian economy, from airlines and telecom to UPI and e-commerce. Data does show heavy concentration in a few hands, but experts and regulators say high market share isn’t a problem by itself. However, things can go wrong when dominant firms shut out rivals or exploit consumers.