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India: CCI orders probe into Ola’s ‘predatory’ pricing

By  |  May 6, 2015

Fair trade watchdog Competition Commission of India (CCI) has ordered a probe against app-based taxi service operator Ola for its alleged predatory pricing. A detailed investigation has been ordered after the regulator found prima facie evidence of Ola violating competition norms.

Chennai-based Fast Track Call Cab has filed a complaint against ANI Technologies, the owners of Ola, alleging contravention of provisions of section 3 and 4 of the relevant Act. Accordingly, the commission, as per provisions of section 26(1) of the Act, directed the Director-General to investigate the matter and complete it within 60 days.

During the course of investigation, the DG will also investigate the conduct of officials of Ola for fixing liability with respect to contravention of the Act, in case Ola is found to have violated the provisions.

 

Full content: The Indian Express

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