Technology
November 08, 2024
1 views 4 mins 0

Competition Commission of India 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 select restaurants listed on their platforms, 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 […]

Technology
November 08, 2024
1 views 4 mins 0

Competition Commission of India 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 select restaurants listed on their platforms, 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 […]