Not surprisingly, brand new parties produced volunteer requirements with the CCI regarding your non-uniqueness of your own strategic venture among the many parties
According to broadcast taxi likewise have chain, this new CCI recognized questions regarding the fresh new straight linkage one of brand new events
The new CCI did not get a hold of one competition concerns in terms of four-wheeler mind-push properties since (i) the market are inhabited from the various participants (elizabeth.g., Zoomcar, JustRide, Drivezy, Carzonrent, etcetera.) and (ii) Ola Fleet has not yet began the businesses as yet.
Further, new CCI noticed complementarity on the proven fact that if you find yourself Ola Electronic is entering the market for EV charging functions, HMC and you will KMC need to create and offer EVs. not, the new CCI failed to visualize any anticompetitive affairs in connection with this just like the the newest EV marketplace is in the an effective nascent stage,
Ola, good vertically integrated chief on broadcast cab business, procures vehicle out-of some suppliers (including HMIL, the second largest pro regarding the Indian auto markets), following rentals them to taxi people to make its company. Continue Reading