On Wednesday Uber told the Supreme Court that a probe into allegations of abuse of its dominant market position cannot be ordered in the absence of a prima facie finding supporting the charge.
Meru accused Uber of driving competitors and small taxi operators out of business by resorting to predatory pricing. The Competition Commission of India rejected Meru’s plea for a probe citing lack of relevant data, but the Competition Appellate Tribunal ordered the antitrust body’s director-general to investigate the matter on Meru’s appeal. Uber India Systems, which offers app-based taxi aggregation service, challenged this in the top court, which last month stayed the probe.
“Such a probe has a wider effect internationally and cannot be ordered lightly. It has huge ramifications in international business,” Uber’s lawyer Kapil Sibal argued on Wednesday. The material produced by Meru to the CCI and the tribunal seeking a probe also doesn’t show any dominant position for Uber-like that enjoyed by Microsoft or Coal India in their businesses, the senior lawyer said.
Full Content: Financial Express
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