CosmicTaco

Zomato and Swiggy Breach Antitrust Laws: CCI Investigation

CosmicTaco · 2024-11-09T11:08:17.665608+05:30

- CCI's investigation reveals Zomato and Swiggy's anti-competitive practices through exclusivity contracts with restaurants. - These practices hinder market competition and force price parity, affecting smaller food outlets. - Final decision pending; companies may contest findings. Swiggy's IPO faces scrutiny amid these revelations. Source: [Ndtv](https://www.ndtv.com/india-news/probe-finds-zomato-swiggy-breached-antitrust-laws-report-6977545), [The Times Of India](https://timesofindia.indiatimes.com/business/india-business/zomato-swiggy-breached-competition-laws-report/articleshow/115099403.cms), [The Economic Times](https://economictimes.indiatimes.com/news/india/swiggy-zomato-in-a-soup-as-cci-probe-finds-duo-violating-antitrust-norms/articleshow/115094468.cms)

CCI's investigation reveals Zomato and Swiggy's anti-competitive practices through exclusivity contracts with restaurants.
- These practices hinder market competition and force price parity, affecting smaller food outlets.
- Final decision pending; companies may contest findings. Swiggy's IPO faces scrutiny amid these revelations.

Source: Ndtv, The Times Of India, The Economic Times

2mo ago

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