Monday 23 September 2019
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business-standard - 12 days ago

SC asks CCI DG to complete probe against Uber on predatory pricing allegation

The Supreme Court has asked the Director General of Competition Commission of India (CCI) to complete a probe into the allegations of predatory pricing against Uber India Systems Pvt Ltd within six months. A bench of Justice R F Nariman and Justice Surya Kant dismissed the appeal of Uber challenging a 2016 order of the appellate tribunal directing Director General of CCI to investigate the allegations of predatory pricing made by Meru Cabs. The Director General is requested to complete investigation within a period of six months from today (September 3), the bench said in its order. According to the provision of the Competition Act, predatory price means sale of services at a price which is below cost. The bench referred to the allegations against Uber, pricing and other details placed before it and noted in its order that abuse of dominant position under the law gets attracted if any service provider imposes an unfair price in purchase or sale, including predatory price. The ...

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