Uber and Ola finally win antitrust case in India -Supreme Court upholds NCLAT decision -No Hub and Spoke cartel – (but importantly rejects NCLAT decision on lack of locus standi )
The Supreme Court of India vide its judgement dated 15.12. 2020 has upheld the concurrent findings on merits of Competition Commission of India (“CCI/ Commission”) dated 06.11.2018 and the National Company Law Appellate Tribunal (“NCLAT”) order dated 29.05.2020, wherein allegation of use of algorithmic pricing to facilitate price fixing cartel made against taxi aggregators, Ola…