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On Wednesday, Flywheel Taxi (formerly DeSoto Cab) sued Uber in U.S. District Court, claiming that Uber has used its billions of dollars in funding to undercut competitors with predatory pricing ...
The move comes amid growing scrutiny over ‘zero-pricing’ strategies by giants like Amazon, Flipkart, Zepto and Blinkit.
In a further bid to check predatory pricing and ensure fair competition, the Competition Commission of India has notified new definitions for various costs it will use to judge whether a price ...