India: Ola and Uber finally gaining pricing power as they grow

India: Ola and Uber finally gaining pricing power as they grow

For shoppers and drivers, this situation is far from ideal as a potential duopoly of Ola and Uber will significantly restrict choices. Photo: Hemant Mishra/Mint

The moves by rival cab-hailing services Ola and Uber to charge cab drivers for using their services highlight the growing pricing power they have with drivers as well as customers.

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