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Zomato, Swiggy violated anti trust law
Zomato, Swiggy brush off reports of antitrust violation: all you need to know
Zomato said the Competition Commission of India (CCI) had issued a prima facie order in April 2022 calling for an investigation into potential violations under the Competition Act, 2002. Zomato's compliance officer,
Zomato, Swiggy deny CCI antitrust violations, say media report 'misleading'
Deepinder Goyal-led Zomato clarified to the BSE that although the CCI initiated a preliminary investigation in April 2022, no findings or orders have been issued against the food delivery platform
Still awaiting final decision from CCI: Zomato, Swiggy on antitrust allegations for food delivery biz
The CCI investigation was initiated after the National Restaurant Association of India had complained back in 2021 on unfair practices by food delivery firms Swiggy and Zomato.
Swiggy, Zomato on anti-trust allegations; Amazon marketplace FY24 report
Swiggy and Zomato have maintained that they are in compliance with India’s competition laws. This and more in today’s ETtech Top 5.Also in the letter:■ ED may summon Amazon, Flipkart■ Trump effect on India’s iPhone output■ PLI targets slip away Zomato,
Zomato, Swiggy call media reports on CCI antitrust violations ‘misleading’, say firms in compliance with competition law
Per media reports surfaced earlier, an investigation by CCI had found that Zomato and Swiggy had breached competition laws, with their business practices favouring restaurant chains listed on their platforms.
Exclusive-India Finds Zomato, Swiggy Food Delivery Businesses Breached Antitrust Laws, Documents Show
Zomato entered into "exclusivity contracts" with partners in return for lower commissions, while Swiggy guaranteed business growth to certain players if they listed exclusively on its platform, according to non-public documents prepared by the Competition Commission of India (CCI).
Exclusive-India's probe finds Zomato, Swiggy breached antitrust laws, documents show
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring restaurant chains listed on their platforms,
Zomato, Swiggy Under CCI Investigation Over Anti-Trust Norms Violations | Breaching Competition Laws
Zomato, Swiggy Under CCI Investigation Over Anti-Trust Norms Violations | Breaching Competition Laws#zomato #swiggy #competitionlaws #cci #antitrust #etnow #latestnews #topnews
CCI says Zomato, Swiggy in breach of antitrust laws in India: Report
Swiggy and Zomato are reportedly in breach of competition laws, favouring certain restaurants in the country, says a CCI report.
5h
on MSN
Swiggy’s public debut will test India’s appetite for $1B+ IPOs
Swiggy's upcoming IPO on Wednesday will finally give many analysts a public comparable for what has been long considered to ...
Outlook Business
9h
Zomato, Swiggy Address CCI Probe, Affirm Adherence to Competition Standards
Zomato said it is closely working with the antitrust body to ensure its business practices don’t violate the competition laws ...
12h
on MSN
What’s cooking at Swiggy, Zomato? New business recipes
The gambit by the two fierce competitors—which have battled each other for over a decade—comes even as they take on the might ...
moneycontrol.com
13h
Swiggy, Zomato to diversify beyond core business, weigh new services: Report
Swiggy
improved its top line, it still incurred losses in the financial year gone by as opposed to
Zomato
which generated ...
7h
Swiggy pilots 'Yello' service marketplace as Zomato eyes concierge model
Swiggy and Zomato, India's top delivery platforms, are branching out beyond core food and grocery services. Swiggy's 'Yello' ...
10h
CCI probe: Zomato, Swiggy say committed to complying with competition law
Zomato and Swiggy respond to CCI investigation, denying misleading reports and affirming compliance with competition laws.
15h
on MSN
Swiggy, Zomato go beyond food, qcomm; publishers & Gen AI dilemma
Happy Monday! Swiggy and Zomato are constantly broadening their platter of offerings. This and more in today’s ETtech Morning Dispatch.
20h
Zomato, Swiggy Using Unethical Practices To Favor Some Restuarants - CCI
An investigation by India’s antitrust body, the Competition Commission of India (CCI), has uncovered anti-competitive ...
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