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Meru files new complaints against Uber, Ola with CCI

Ola, Uber and SoftBank declined to comment for this article

Reuters  |  New Delhi/San Francisco 

Indian taxi company Meru Cabs has stepped up its legal challenge against local competitor Ola and US rival Uber, alleging the firms are abusing their market position and believes that planned investments in both by Japan's SoftBank underscore its view. The head of Meru Cabs said the company has filed four new complaints with the country's antitrust watchdog, claiming that Uber and Ola are abusing their dominance in four different cities by burning vast sums of investor funds to distort the market. "Even before there is any merger or alliance between the two through ...

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First Published: Wed, October 11 2017. 18:41 IST