India proposes to set a commission cap on online cars not exceeding 10% of the fare

BEIJING, Nov. 28 (Reuters) – India plans to cap commission spending on ride-hailing apps such as Uber and local Ola, or no more than 10 percent of the total ride fee, Reuters reported.

India proposes to set a commission cap on online cars not exceeding 10% of the fare

The potential move could have a new impact on Uber. The San Francisco-based company was again revoked on Monday from providing passenger services in London. Ola has also previously announced that it will move to London.

It is the first time the Indian government has regulated commissions charged by such companies, according tomedia. Uber and Ola did not immediately respond to Reuters’ requests for comment.

In addition, the government’s planned measures would allow states to charge for revenue from taxi ingress, if necessary. At the same time, the government also has plans to limit “peak prices”. (Tur)

Add a Comment

Your email address will not be published. Required fields are marked *