Tag: Predatory Pricing

BMW launches ride-sharing service [too] | WILX

BMW launches ride-sharing service [too] | WILX

BMW is launching a new ride-sharing service in Seattle to compete with Uber and Lyft. … Drivers are full-time employees hired by third party transportation companies. Customers can hail a car immediately or schedule a ride up to a week in advance. Trips cost $2.40 per mile plus 40 cents per minute, with no surge […]

Hidden Uber Costs? Drivers ask company to be more transparent with fees | KSAZ

Hidden Uber Costs? Drivers ask company to be more transparent with fees | KSAZ

“There’s no transparency,” said one of the four drivers interviewed by FOX 10’s Matt Galka. “In the rider app you can’t even see the charge breakdown.” The four drivers wished to remain anonymous, in fear of retaliation from Uber. They want to keep driving, and thought if they spoke out, the company would end their ability […]

Grab Fined P10 Million For Overcharging Users – Insists P2/Minute Fee Is “Legal” | Vulcan Post

Grab Fined P10 Million For Overcharging Users – Insists P2/Minute Fee Is “Legal” | Vulcan Post

Is The Php2/Minute Charge Legal? Amid allegations of charging illegal fares, Grab Philippines maintained that it has always been “transparent” about its fare scheme. Grab spokesperson Leo Gonzales said that the P2-per-minute charge was initiated “when Grab reviewed its pricing structure in June 2017,” and “was integrated to the existing per kilometer charges and is […]

Cut in app-cab surge pricing | Telegraph India

Cut in app-cab surge pricing | Telegraph India

Representatives of Ola and Uber declined to comment on the proposed cap on fares and whether they had agreed to restrict surge pricing to .45x. Uber said in an official statement later that the company was “committed to continue to engage with the government” towards ensuring that it works in the best interest of “riders […]

Fare control makes it difficult to get a ride | BusinessWorld

Fare control makes it difficult to get a ride | BusinessWorld

As a result, after the acquisition, ride requests reached 600,000 per day on average, making it difficult for everyone — even previous Uber users — to get a ride. Second, price and surge control. Even when Uber was operational, LTFRB put a cap on surge pricing on both Uber and Grab to 2x, later down […]

App cabs propose surge limit | Telegraph India

App cabs propose surge limit | Telegraph India

Calcutta: App cab companies have said in response to a query from the state government that maximum surge in fare will be 2.9X – 2.9 times the base fare. While Uber has stated that “it proposes to self-regulate the dynamic pricing multiplier between 1.9 and 2.9X”, Ola has made it clear that its maximum dynamic […]

Uber proposes measures to regulate pricing mechanism | Money Control

Uber proposes measures to regulate pricing mechanism | Money Control

Cab aggregator Uber today proposed measures to address concerns expressed by the West Bengal government over its fare policy, including “self-regulation” of dynamic pricing to minimise impact on riders. The West Bengal Transport Department, based on complaints from users on exorbitant fares during peak hours, had reportedly sent a 30-point questionnaire to Uber and another […]

Saskatoon city hall ponders trying to recoup ride-sharing costs | Saskatoon StarPhoenix

Saskatoon city hall ponders trying to recoup ride-sharing costs | Saskatoon StarPhoenix

City council could approach regulating ride-sharing companies the same way it tackled marijuana retail stores — with fees high enough to cover the city’s expenses. Council’s transportation committee voted Wednesday to study the cost of regulating ride-sharing companies like Uber and Lyft, with an eye on recovering that money through fees. Council on Monday imposed […]

PIL seeks intervention of HC to arrest surge pricing of app cabs | millenniumpost

PIL seeks intervention of HC to arrest surge pricing of app cabs | millenniumpost

The PIL was filed by advocate Soumya Shubro Roy, in the division bench headed by Chief Justice Jyotirmay Bhattacharya. Roy had prayed before the high court to come up with some measures to bring the app cabs under the ambit of the Motor Vehicles Act, so that they cannot levy high tariffs upon passengers whenever […]

E-commerce firms deeply engaged in predatory pricing | Freelance Web Designer HK

E-commerce firms deeply engaged in predatory pricing | Freelance Web Designer HK

Traders’ body CAIT on Monday expressed apprehension over the commerce ministry not taking any action on the e-commerce issues and its detrimental impact on the country’s retail trade. The Confederation of All India Traders (CAIT) took a strong view against e-commerce platforms for indulging in “deep discounting and loss funding thereby violating FDI Policy 2016 […]