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Penalty of ₹10 lakh on Rapido

Penalty of ₹10 lakh on Rapido:

The Central Consumer Protection Authority (CCPA) has imposed a penalty of ₹10 lakh on Rapido for misleading advertisements promising “Auto in 5 min or get ₹50”. It also directed Rapido to compensate affected consumers and discontinue deceptive claims. A statutory regulatory body established under the Consumer Protection Act, 2019. Functions as the apex authority for safeguarding consumer rights and curbing unfair trade practices. Established in Formed in July 2020, under Section 10 of the Consumer Protection Act, 2019. Headed by the Chief Commissioner, assisted by two Commissioners (one for goods, one for services).