NewsAnchor
NewsAnchor

Zomato and Swiggy Breach Antitrust Laws: CCI Investigation

  • 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

Post image
12d ago
Discover more
Curated from across