CCI says Zomato, Swiggy in breach of antitrust laws in India

Exclusive-India Finds Zomato, Swiggy Food Delivery Businesses Breached Antitrust Laws, Documents Show
NEW DELHI (Reuters) - 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, documents show.
Zomato, Swiggy possibly breached antitrust laws as per CCI investigation, reports Reuters
India's competition watchdog investigates Zomato and Swiggy for anti-competitive practices, including exclusivity agreements and price parity rules.
Zomato and Swiggy violated competition laws, favored select restaurants: Report
The Competition Commission of India (CCI) has found that food delivery giants Zomato and Swiggy to have violated competition laws, as per Reuters. The investigation found that the companies' business practices favored certain restaurants listed on their platforms.
India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show
The antitrust investigation against Swiggy and its top rival Zomato began in 2022 after a complaint by National Restaurant Association of India about the impact on food outlets of alleged anti-competitive practices of the platforms.
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.
CCI probe finds Zomato, Swiggy 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).
How much do Zomato, Swiggy, other food apps charge for delivery in India? Know top 5 here
The situation in India is not that unfamiliar compared to the US, Japan, South Korea, the United Kingdom, France or anywhere else. Here are five delivery apps and how they charge customers for food delivery.
CCI finds Zomato, Swiggy food delivery business breached competition laws
Zomato reportedly enters "exclusivity contracts" with some partners in exchange for reduced commission rates, while Swiggy offers guaranteed business growth to specific players who agree to list solely on its platform.
CCI probe finds Zomato, Swiggy struck exclusive arrangements with partners in breach of law: Report
Exclusivity arrangements between Swiggy, Zomato and their respective restaurant partners 'prevent the market from becoming more competitive' the CCI's investigation arm noted, says the report

India's quick-commerce boom fueled Swiggy's $1.4 billion IPO

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