Question

The center government is planning to bring in a regulatory cap on the amount of excess money that cab aggregators can charge when there is a peak demand and lesser supply is available. In the ola / uber language, what is this increase in pricing strategy called?

Answer 1

Answer:

BENGALURU: The central government plans to cap the commission earned on rides by firms such as Uber and Ola to a maximum of 10% of the total fare in its upcoming rules for taxi aggregators, people privy to the matter said.

Answer 2

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