CCI likely to put a roadblock in the merger of Uber and Ola in India

The country’s competition watchdog, the Competition Commission of India (CCI), could put a roadblock in the merger of Uber and Ola in India, after the Competition Commission of Singapore (CCS) flagged up a similar case in the Southeast Asian ride-haling sector.
 
Last week, the CCS initiated an investigation into the merger of Uber and Grab, saying this could create a monopoly in the region. It also asked both players to maintain their pre-transaction independent pricing.
 
Japanese investment giant SoftBank, a common investor in both Ola and Uber, is learnt to be mediating the merger talks between the two