NCLAT rejects petitions against Ola in alleged predatory pricing matter

The National Company Law Appellate Tribunal (NCLAT) New Delhi has rejected petitions filed by ridesharing players Meru and Fast Track Call Cab against Ola alleging predatory pricing ways and anti-competitive practices in Bengaluru market. The appeals were filed by the entities against ANI Technologies, which run the app-based taxi serviceunder the brand name Ola. It was alleged that Ola indulged