India: CCI dismissed allegations of anti-competitive practices made against Ola and Uber
Fair trade regulator CCI has dismissed allegations of anti-competitive practices made against Ola and Uber with respect to common ownership in them, saying there is no “discernible effect” of softening of competition.
At present, the watchdog said facts of the case have not led to establishment of a “prima facie” case against the opposite parties (OPs), either under Section 3 or 4 of the Competition Act.
The ruling has come on four separate complaints filed by taxi service provider — Meru Travel Solutions — against Ola cabs operator ANI Technologies, Uber India Systems, Uber BV, Uber Technologies (OPs).
Full Content: The Times of India
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
BHP Unveils £31bn Mining Megamerger Proposal with Anglo American
Apr 25, 2024 by
nhoch@pymnts.com
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban Threats
Apr 25, 2024 by
CPI
FCC Votes to Restore Net Neutrality Rules
Apr 25, 2024 by
nhoch@pymnts.com
Apple Rejects Spotify’s Updated App Over In-App Pricing Disclosure
Apr 25, 2024 by
CPI
FCC Set to Reinstate Net Neutrality Rules Today
Apr 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI