A PYMNTS Company

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.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    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

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.