• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, July 12, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

NCLAT issues notice to CCI, Uber in Meru’s appeal alleging anti-competitive practices

by Ishaan Negi
October 4, 2023
in Business, Markets, News, Startups, Tech, Trending, World
Reading Time: 3 mins read
0
Uber mobile app

Source: Financial Express

TwitterWhatsappLinkedin

On the digital frontlines, a vigorous struggle for dominance has been taking place in the maze-like streets of India’s thriving cities. The country’s ride-hailing industry has been rocked by a protracted court battle between Meru and Uber, two formidable competitors. In this article, we break down the drama as it is now playing out, highlighting the major moments, delving into the characters, and speculating on the potential repercussions of this on-going judicial battle.

You might also like

France Launches Criminal Probe into Elon Musk’s X Over Algorithm Manipulation Allegations

Tesla Accelerates India Entry: Showrooms Open, Deliveries Expected by August

China’s EV Giants Face Investigation Over $121 Million in Misused Subsidies

Uber, CCI, Meru

Credits: Money Control

The Dueling Titans

Meru: The Tenacious Veteran

Meru, with a lineage tracing back to 2006, is the grizzled veteran of India’s ride-hailing saga. The name itself has been synonymous with dependable taxi services. Over the years, Meru carved out its niche in the market, known for its reliability and commitment to customer satisfaction.

Uber: The Global Disruptor

In the opposing corner, we have Uber, the global disruptor that needs no introduction. Making its grand entry into the Indian market in 2014, Uber rewrote the rules of the game. Armed with deep pockets and an innovative tech-driven approach, Uber swiftly grabbed a significant slice of the pie, reshaping how Indians commuted.

The Allegations and the Legal Odyssey

Meru’s Salvo (2015)

The genesis of this epic feud lies in 2015 when Meru fired its opening salvo, accusing Uber of anti-competitive practices. Meru’s allegations revolved around Uber’s colossal size, formidable resources, and aggressive pricing tactics. Uber’s irresistible discounts, while delighting passengers, were alleged to be designed to crush competitors.

CCI’s Initial Verdict (2016)

In 2016, the Competition Commission of India (CCI) quashed Meru’s complaint, citing a lack of prima facie evidence against Uber. Meru, however, wasn’t prepared to throw in the towel. It escalated the battle to the appellate tribunal, which, in turn, summoned the Director General (DG) to investigate Meru’s allegations.

Supreme Court’s Intervention (2019)

Uber didn’t take this escalation lightly and sought refuge in the Supreme Court, challenging the tribunal’s order. In a pivotal move, the Supreme Court upheld the directive to probe Uber’s practices. The apex court raised a pertinent question – why was Uber incurring significant losses per trip, raising suspicions about its intent to obliterate competition?

DG’s Verdict (2020)

In August 2020, the DG concluded its exhaustive investigation, delivering a verdict that sent shockwaves. The investigation found that Uber did not enjoy a dominant position in the market, primarily due to fierce competition from Ola and other cab services. Consequently, most of Meru’s allegations found themselves on the scrapheap.

CCI’s Final Verdict (2021)

July 2021 witnessed the CCI delivering the coup de grâce, dismissing Meru’s plea and embracing the DG’s report. Yet, Meru refused to yield and embarked on the last leg of its legal journey, knocking on the doors of the National Company Law Appellate Tribunal (NCLAT).

The Ongoing Courtroom Drama

NCLAT’s Intriguing Notice (2023)

By sending letters to Uber and the CCI in response to Meru’s bold appeal, the NCLAT has reignited the legal blaze in October 2023. Uber’s purported anti-competitive actions between 2014 and 2017, in notably its aggressive discounting approach, are the focus of Meru’s rallying cry. Meru claims that Uber’s strategies wrecked the ride-hailing universe despite acknowledging the custom of newcomers providing discounts to get a footing.

Conclusion: The Verdict That Echoes

The ongoing legal battle between Meru and Uber in a courtroom is more than simply a legal clash; it’s a turning point for India’s ride-hailing industry. The legal embrace between these two industry heavyweights, each representing a different era, has far-reaching effects. This conflict highlights the value of fair play and the need for distinct regulatory boundaries in the rapidly developing ride-hailing industry. All eyes are on the courtroom as the NCLAT gets ready to drop its gavel in January 2024, eagerly awaiting the conclusion of this gripping and high-stakes saga that will definitely reverberate throughout the Indian commute landscape.

Tags: #anticompetitive#taxi_servicesMeruuber
Tweet54SendShare15
Previous Post

Get the Samsung Galaxy S23 with 100GB of Monthly Data for £729

Next Post

Fintech startup Slice to merge with North East Small Finance Bank

Ishaan Negi

Ishaan is a student at Sri Venkateswara College, University of Delhi, where he combines his academic pursuits with a deep passion for technology and storytelling. Ever since his school days, Ishaan has been an avid reader, a thoughtful writer, and an articulate speaker. These interests have naturally evolved into a strong inclination towards journalism, especially in the fast-paced world of tech. Known for his balanced approach, Ishaan is committed to presenting unbiased viewpoints and ensuring every story he tells is rooted in facts and multiple perspectives. Whether he’s reporting on emerging startups, corporate developments, or ethical issues in the tech space, he brings a sharp analytical lens and a curiosity-driven mindset to his work. With a strong foundation in research and communication, Ishaan strives to make complex topics accessible to readers while maintaining depth and nuance. His goal is not just to inform but also to spark thoughtful conversations around the ever-evolving tech landscape.

Recommended For You

France Launches Criminal Probe into Elon Musk’s X Over Algorithm Manipulation Allegations

by Anochie Esther
July 12, 2025
0
X

Elon Musk’s social media platform, X (formerly Twitter), is now facing a criminal investigation in France over serious allegations of algorithm manipulation for the purposes of “foreign interference.”...

Read more

Tesla Accelerates India Entry: Showrooms Open, Deliveries Expected by August

by Anochie Esther
July 12, 2025
0
Tesla

After years of anticipation and negotiations, Elon Musk's electric vehicle behemoth, Tesla Inc., is finally making its formal entry into the Indian market. The company is set to...

Read more

China’s EV Giants Face Investigation Over $121 Million in Misused Subsidies

by Anochie Esther
July 12, 2025
0
BYD

China's burgeoning electric vehicle (EV) sector, a cornerstone of the nation's industrial policy, is facing intensified regulatory oversight following a large-scale audit that has flagged significant misuse of...

Read more
Next Post
Fintech startup Slice to merge with North East Small Finance Bank

Fintech startup Slice to merge with North East Small Finance Bank

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?