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Tag: Predatory Pricing

Ridesharing companies made use of the BART outage | TG Daily

Ridesharing companies made use of the BART outage | TG Daily

Dynamic pricing by ridesharing companies The Dynamic pricing or surge pricing occurs when the demand is high. The cost of the rides will be more than the regular pricing because the demand is more than the supply. When the drivers are considerably low the ridesharing company cannot meet with the increasing booking request and so […]

How to tell when Uber’s upfront pricing is overcharging you | Quartz

How to tell when Uber’s upfront pricing is overcharging you | Quartz

“Because Uber overestimates its initial fee, drivers are paid less than they are contractually entitled to,” the complaint states. Paul Maslo, a lawyer representing Dulberg, said Uber’s response is due April 24. Uber last year debuted “upfront pricing,” a new system in which customers agree to their fare before booking a ride. The model was […]

ComfortDelGro taxis to offer flat fares from next Monday | The Straits Times

ComfortDelGro taxis to offer flat fares from next Monday | The Straits Times

The flat fare option computes fares and flashes this ahead of a trip, taking into account the distance to be travelled and all existing surcharges, including the booking fee. “Once a flat fare is chosen, there will be no additional surcharges unless the passenger changes the destination point or makes unplanned stops along the way,” […]

Don’t stop taxi industry from adapting to competition: Ng Chee Meng | Channel NewsAsia

Don’t stop taxi industry from adapting to competition: Ng Chee Meng | Channel NewsAsia

SINGAPORE: Amid stiff competition from Grab and Uber private-hire cars, the local taxi industry should not be stopped from adapting to new market conditions, such as by introducing dynamic pricing, said Second Minister for Transport Ng Chee Meng in Parliament on Tuesday (Apr 4). Last month, local taxi companies were given the green light to […]

Reliance Jio’s New Pricing Will Continue To Bleed Industry: COAI | The Wire

Reliance Jio’s New Pricing Will Continue To Bleed Industry: COAI | The Wire

New Delhi: The Cellular Operators Association of India (COAI) has said that Reliance Jio’s latest pricing strategy will continue to bleed the telecom industry and that there is risk of a cascading impact on banks and other institutions that have large exposure to the telecom sector. COAI said that while the  move towards lower pricing […]

San Francisco commuters hit by Uber and Lyft surge pricing | Daily Mail Online

San Francisco commuters hit by Uber and Lyft surge pricing | Daily Mail Online

Trains from Oakland to San Francisco were delayed and suspended on Monday Commuters were forced to turn to Uber and Lyft to make their way into the city Many were furious when they found ‘surge pricing’ pushed costs up significantly Some said the trip that usually cost about $20 skyrocketed to as much as $110 […]

Online sellers write to CCI alleging predatory pricing by Flipkart’s WS Retail and Amazon’s Cloudtail | The Economic Times

Online sellers write to CCI alleging predatory pricing by Flipkart’s WS Retail and Amazon’s Cloudtail | The Economic Times

NEW DELHI: A group of online sellers has written to the Competition Commission of India alleging that Flipkart’s WS Retail and Amazon’s Cloudtail indulge in predatory pricing and discounting when selling their private label products, destroying the business of smaller rivals such as Snapdeal and online sellers. The vendors also complained that WS Retail and […]

Ola, Uber strike: Surge pricing returns, passengers pay extra for app-based cab rides | Hindustan Times

Ola, Uber strike: Surge pricing returns, passengers pay extra for app-based cab rides | Hindustan Times

Ola and Uber drivers have pulled their cabs off the roads in Delhi-NCR demanding that their companies reinstate bonuses that they had doled out in the initial days, reduce their hiked commission rates, limit the number of cabs registered on the app and shorten working hours, among other issues. With the agitators having threatened to […]

Reliance Jio Reportedly Dragged to CCI by Airtel Over ‘Predatory Free Pricing Strategy’ | NDTV Gadgets360.com

Reliance Jio Reportedly Dragged to CCI by Airtel Over ‘Predatory Free Pricing Strategy’ | NDTV Gadgets360.com

HIGHLIGHTS Airtel has termed pricing strategy by Reliance Jio as ‘predatory’ The letter has accused Reliance Jio of abusing dominant position Reliance Jio has been accused of trying to eliminate small players Bharti Airtel has reportedly filed a complaint with the Competition Commission of India (CCI) against Reliance Jio Infocomm, questioning the pricing strategy adopted […]

Telecom Regulator, Attorney General Say Nothing Predatory About Reliance Jio Pricing | The Wire

Telecom Regulator, Attorney General Say Nothing Predatory About Reliance Jio Pricing | The Wire

New Delhi: Telecom regulator TRAI has said the tariff plans of Reliance Jio are in compliance with its regulations and the existing tariff orders. TRAI is expected to communicate the same to the incumbent operators including Bharti Airtel and Idea Cellular, which had moved telecom tribunal TDSAT against the regulator for allowing the Mukesh Ambani-led […]