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
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