Cab Service: Uber Ola

cab service: Though Meru lost an earlier antitrust suit versus Ola, lawyers and industry sources said that moves by Soft Bank already a major investor in Ola to pour some 10 billion into Uber along with other investors could strengthen the local cab service's case, according to The Japan Times. Sangoi told Reuters that Uber and Ola have been altering driver incentives and passenger fares in tandem. The head of India's Meru Cabs said the company has filed four new complaints with the country's antitrust watchdog, claiming that Uber and Ola are abusing their dominance in four different cities by burning vast sums of investor funds to distort the market. ; Even before there is any merger or alliance between the two through global investors, there is already a unified monopoly, Meru CEO Nilesh Sangoi said. Our existing cases get strengthened with the Soft Bank investment, he said, but added the Japanese firm's plans weren't cited in the latest complaints. The new Meru complaints have not previously been reported. Ola, Uber and Soft Bank declined comment for this article. (news.financializer.com). As reported in the news.

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