The Australian Competition and Consumer Commission has granted conditional authorisation to ihail for three years to launch and operate a new smartphone taxi-booking app, as part of a joint-venture arrangement between taxi networks and other industry participants.
The initial members of the ihail joint venture include Yellow Cabs, Silver Top Taxi Service, Black and White Cabs, Suburban Taxis, and Cabcharge.
The green light comes after ihail made a number of modifications to its app following the ACCC’s draft decision in October 2015 that denied ihail initial authorisation.
The changes to ihail include giving passengers a choice to pay their fare inside the taxi instead of only via the app, and the ability to choose their preferred taxi network based on certain performance information or the nearest available taxi during the booking process.
According to the ACCC, it was previously concerned that given Cabcharge is the exclusive payments provider to ihail, and that ihail initially only wanted passengers to pay their fares in-app, it would have “dampened” any emerging competition between Cabcharge and other taxi payment providers.
Full content: The Financial Review
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Massachusetts AG Sues Insulin Makers and PBMs Over Alleged Price-Fixing Scheme
Jan 14, 2025 by
CPI
Apple and Amazon Avoid Mass Lawsuit in UK Over Alleged Collusion
Jan 14, 2025 by
CPI
Top Agent Network Drops Antitrust Suit Against National Association of Realtors
Jan 14, 2025 by
CPI
Weil, Gotshal & Manges Strengthens Antitrust Practice with New Partner
Jan 14, 2025 by
CPI
Russian Court Imposes Hefty Fine on Google for Non-Compliance with Content Removal Orders
Jan 14, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand