CCI directed cab aggregators to implement transparent policies on surge pricing and data collection

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The Competition Commission of India (CCI) directed cab aggregators such as Uber and Ola to implement self-regulation measures to address concerns about surge pricing. In an advisory, the CCI also urged the development of a clear and transparent policy for the distribution of surge pricing revenue among drivers and ride-hailing apps.

The competition watchdog also threatened the companies with ‘enforcement action’ if they engaged in any anti-competitive behaviour. The advisory followed a report titled ‘Market Study on Competition and Regulatory Issues Related to the Taxi and Cab Aggregator Industry: With Special Reference to Surge Pricing in the Indian Context,’ which made a number of observations about India’s current cab aggregator market. The CCI has directed all major players to ensure that the total breakdown of the total fare is clearly visible on the apps and that the surge component is clearly reflected in the invoice.

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CCI directed cab aggregators to implement transparent policies on surge pricing and data collection

The Competition Commission of India (CCI) directed cab aggregators such as Uber and Ola to implement self-regulation measures to address concerns about surge pricing. In an advisory, the CCI also urged the development of a clear and transparent policy for the distribution of surge pricing revenue among drivers and ride-hailing apps.

The competition watchdog also threatened the companies with ‘enforcement action’ if they engaged in any anti-competitive behaviour. The advisory followed a report titled ‘Market Study on Competition and Regulatory Issues Related to the Taxi and Cab Aggregator Industry: With Special Reference to Surge Pricing in the Indian Context,’ which made a number of observations about India’s current cab aggregator market. The CCI has directed all major players to ensure that the total breakdown of the total fare is clearly visible on the apps and that the surge component is clearly reflected in the invoice.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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