New Delhi : Fair trade watchdog CCI has ordered a probe against app-based radio taxi service operator Ola Cabs for alleged predatory pricing to keep out the rivals, reports PTI.
A detailed investigation has been ordered by the regulator after it prima-facie found evidence of Ola violating the competition norms.
The Competition Commission of India (CCI) has been increasingly looking into alleged violation of fair trade norms by entities from the new-age sectors like e-commerce and internet. However, it recently let off as many as five online retailers including Flipkart and Snapdeal after it did not find any evidence of wrongdoing on their part.
The latest probe follows a complaint filed by Chennai- based Fast Track Call Cab Pvt Ltd against ANI Technologies Pvt Ltd, which provides radio taxi services under
Ola brand. The complainant is a rival operating under Fast Track brand. For this case, the Competition Commission of India (CCI) has taken ‘radio taxi services’ as the relevant market.
