Cab aggregators Ola, Uber to come under CCI scanner for surge pricing

A surge in taxi fares earlier led Maharashtra govt to set up committee to recommend prices for these players

After investigating the alleged unfair practices adopted by private health care providers and the pharmaceutical sector, the Competition Commission of India (CCI) is set to bring cab aggregators under its scanner over surge pricing. 

Taxi-hailing apps like Ola and Uber introduced surge pricing to adjust the prices of rides to match driver supply to rider demand at any given time.

Officials from the Ministry of Corporate Affairs told Business Standard a study was being planned on surge pricing in the cab aggregator industry.

The government felt there were serious competition issues on pricing by these cab aggregators, the officials said, adding that India’s