Tag: Predatory Pricing

Uber under state investigation for surge pricing during storm emergency | The Boston Globe

Uber under state investigation for surge pricing during storm emergency | The Boston Globe

At issue is a 2016 Massachusetts law meant to prevent the ride-hail firms from using surge pricing during major storms, catastrophes, and other officially declared states of emergency. But Uber — which does not deny raising prices during the storm — argues the language of the law does not actually ban surge pricing. The law […]

Uber defends fare model | Boston Herald

Uber defends fare model | Boston Herald

Uber’s surge pricing has been a much-criticized part of the company’s business, but the company says it plays a critical role in making sure there are enough drivers for every rider. The additional rate kicks in when demand for rides outweighs the number of drivers who are available. If drivers see demand is spiking in […]

Grab challenger ditches booking, surge fees | ABS-CBN News

Grab challenger ditches booking, surge fees | ABS-CBN News

MANILA – A new ride-hailing company for taxis, MiCab, will not have booking fees, price surges, or trip cancellations, its co-founder said Monday. … “Basically, what we’re trying to do is offer a solution with sustainability in mind that’s why we’re focused on advertising, not putting anything as booking fee or surge pricing. In whatever […]

Top telcos not transparent, segmented offers should not be allowed: Reliance Jio | Telecom News

Top telcos not transparent, segmented offers should not be allowed: Reliance Jio | Telecom News

Thakur said that when Jio was rolled out, there were 22,000 tariff plans and compared to that, Jio has 7-10 price plans for all subscribers. TDSAT in an interim ruling on Tuesday, also barred the watchdog from imposing any penalty on telcos for violating the new rules on reporting tariff plans, including offers to select […]

App cab commuters wary of surge-pricing burden | Times of India

App cab commuters wary of surge-pricing burden | Times of India

KOLKATA: The price burden has become heavier for appcab commuters nowadays as surge pricing prevails for the better part of the day and it has become difficult to figure out when and why it prevails. Also, it has become next to impossible to gauge whether surge fare prevails at a particular time as the apps […]

Honolulu city councilman proposes ban on ride share company surge pricing | KHON

Honolulu city councilman proposes ban on ride share company surge pricing | KHON

HONOLULU (KHON2) – If you’ve ever used Uber or Lyft, you know they can charge you surge pricing. That’s when they up their prices during peak hours. However, a Honolulu city councilman says he doesn’t think that’s fair, and he wants to even out the playing field among transportation companies on the island. Council Chair Ernie […]

Grab’s acquisition of Uber Southeast Asia drives into problems | TechCrunch

Grab’s acquisition of Uber Southeast Asia drives into problems | TechCrunch

The regulatory body in Singapore, where Grab is registered, has been the most active. The Competition and Consumer Commission of Singapore (CCCS) pushed the deadline for the removal of Uber’s app back to May 7 — one month later than originally scheduled — so it could examine the deal. The commission also ordered Grab and Uber to […]

Commuters protest Grab’s high fare; TNC firm denies surge pricing | Inquirer News

Commuters protest Grab’s high fare; TNC firm denies surge pricing | Inquirer News

Grab’s surge pricing during the morning rush hour on Monday shocked a number of commuters, who were forced to look for other means of transportation just to get to work. One of them was Joyce Yu who opted to take the bus from North Avenue to Ortigas since Grab was charging her P450 for the […]

Is your friend getting a cheaper Uber fare than you are? | The Guardian

Is your friend getting a cheaper Uber fare than you are? | The Guardian

We all know that ride-share companies like Uber and Lyft operate dynamic, or “surge”, pricing: they change their prices in real time, according to supply and demand. But is there something else behind these fluctuations in fees? Is your taxi fare actually being personalized according to how much the company thinks you are willing to […]

Grab ordered to explain P2 per minute charge | Tempo

Grab ordered to explain P2 per minute charge | Tempo

Grab Philippines Public Affairs head Leo Gonzales said in a statement that they are “allowed” to set its own fares with the guidance of the regulating body. “Department Order 2015-011 allowed TNCs to set its own fares with the oversight of the LTFRB. In June 2017, Grab, upon review of its pricing structure, initiated per […]