Meru Cabs Drops 7-Year Predatory Pricing Appeal Against Ola, Uber at NCLAT
Meru Cabs (now Alyte, owned by Mahindra Logistics) withdrew its seven-year predatory-pricing appeal against Ola and Uber, citing financial constraints. The move leaves the 2018 CCI order dismissing anti-competitive complaints intact, cementing the incumbents' market position.
Meru Cabs (now Alyte, owned by Mahindra Logistics) withdrew its seven-year predatory-pricing appeal against Ola and Uber at NCLAT, citing financial constraints, leaving the 2018 CCI order dismissing anti-competitive complaints unchanged.
Why this matters
Meru Cabs, now rebranded Alyte under Mahindra Logistics, ends a long-running legal fight against ride-hailing giants Ola and Uber, signaling diminished capacity to challenge incumbents.
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