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This Article is From May 09, 2022

Supreme Court Seeks Response From Ola In "Predatory Pricing" Case

A bench of Justices L Nageswara Rao and BR Gavai sought a response from the CCI and company-owned Ola Cabs on Mumbai-based Meru Cabs' appeal.

Supreme Court Seeks Response From Ola In "Predatory Pricing" Case
Meru Cabs has accused Ola of abusing its dominant position in the Bengaluru market. (Representational)
New Delhi:

The Supreme Court on Monday issued notice on a plea filed by Meru Cabs challenging the Competition Commission of India (CCI) order that rejected the plea alleging Ola Cabs abused its dominant position and indulged in predatory pricing in country's cab-hailing market.

A bench of Justices L Nageswara Rao and BR Gavai sought a response from the CCI and company-owned Ola Cabs on Mumbai-based Meru Cabs' appeal.

Meru Cabs had approached the top court challenging the order of the CCI which dismissed its complaint alleging abuse of dominant position by Ola Cabs.

It has accused Ola of abusing its dominant position in the Bengaluru market by indulging in predatory pricing and violating the competition law.

In 2015 Meru Cabs approached the Competition Commission of India and in 2017 the CCI rejected Meru's claims and held that Ola was not in a dominant position in Bengaluru.

The National Company Appellate Tribunal on January 7, 2022, approved the CCI's order by dismissing Meru's appeal against it.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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