CCI Dismisses Predatory Pricing, Dominance Abuse Complaint Against Rapido
India, May 30 -- The Competition Commission of India (CCI) has quashed a complaint filed against ride-hailing major Rapido for allegedly abusing its dominant position after the regulator found that the case was unsubstantiated.
The complainant, who operates on-demand transportation aggregation service HitoHit Solutions in Uttarakhand, alleged that Rapido was using its platform to allow private two-wheeler vehicles to ply as bike-taxis in the state. The complainant also alleged that Rapido was able to offer rates below the minimum set by the state government by avoiding the higher costs associated with commercial vehicle permits, insurance, and taxes.
He further stated that the unicorn was able to gain market traction by offering service...
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