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Uber predatory pricing: SC orders status quo on CCI investigation

SC ordered status quo on CCI investigation against Uber for predatory pricing allegations by Meru Cabs.

Uber predatory pricing: SC orders status quo on CCI investigation

New Delhi: The Supreme Court on Friday ordered status quo on CCI investigation against Uber for predatory pricing allegations by Meru Cabs. SC has sought response from CCI and Meru Cabs on Uber's plea against tribunal's order for probe.

Uber has challenged the order of the appellate tribunal passed last year directing Director General of CCI to investigate the allegations of predatory pricing alleged by Meru Cabs.

Senior advocate Harish Salve said that the appellate tribunal has not formed any prima facie opinion and despite that, the investigation was ordered.
The bench posted the matter for further hearing on February 17.

he Competition Appellate Tribunal (Compat) had on December 7 last year ordered fair trade watchdog CCI to probe afresh the alleged abuse of dominance by the popular tax-hailing app operator.

The direction came after Meru Travels Solutions approached the tribunal against CCI's earlier decision against ordering an investigation into allegations against Uber of unfair practices including predatory pricing.

As per the complaint, Uber allegedly resorted to many abusive practices with the sole intent to establish its monopoly and eliminate otherwise equally efficient competitors from the market by way of discounts and incentives.

 

 

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