Meru Cabs moves CCI against Ola, Uber, alleges market abuse - News Summed Up

Meru Cabs moves CCI against Ola, Uber, alleges market abuse


Alleging that the aggregators are disrupting the market by putting in huge sums of foreign investor money, Meru cabs said it has filed four different complaints with the CCI. (Files) Alleging that the aggregators are disrupting the market by putting in huge sums of foreign investor money, Meru cabs said it has filed four different complaints with the CCI. (Files)Domestic taxi hailing service Meru Cabs has filed complaints with competition watchdog CCI against cab aggregators Ola and Uber for allegedly abusing market dominance in four cities. He further said that though Ola and Uber are two entities competing between themselves, they have created a monopoly-like situation. Sangoi alleged that huge subsidy to drivers, “impractical” discounts to customers offered by Ola and Uber have distorted the taxi service market.


Source: Indian Express October 12, 2017 07:18 UTC


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