Ola & Uber have abused mkt position, says, CEO of Meru Cabs, Nilesh Sangoi

The fight for dominance in the USD 10 billion taxi hailing market has intensified. With Ola and Uber flush with a huge amount of funds, cab operators like Meru are struggling to compete. Meru Cabs has now filed four complaints with the CCI saying that Ola and Uber are using large sums of money to distort market conditions. CNBC-TV18's Priya Sheth caught up with the CEO of Meru Cabs, Nilesh Sangoi to understand the impact.