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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.
How much do Zomato, Swiggy, other food apps charge for delivery in India? Know top 5 here
With the advent of
food
delivery
applications, ordering online
food
at doorstep has become the norm of the day. Be it in India, the US, Japan, South Korea, the United Kingdom, France or anywhere else, ordering
food
straight to the door is increasingly ...
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 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
1d
Food-Delivery Platform Swiggy’s IPO Sold Out on Final Day
Indian
food
-
delivery
platform Swiggy Ltd.’s $1.3 billion initial public offering was fully sold on the final day of ...
1d
Food delivery company Yelloh closing operations, laying off Minnesota employees
The iconic Minnesota company, formerly Schwan's Home Delivery, said it faced several economic challenges leading to the ...
1d
on MSN
Guac-Tech? Why This Food Delivery Startup Is Set to Acquire the Company Behind Chipotle’s Avocado Robots
The company, which makes autonomous food delivery robots, tells Inc. that it has agreed to acquire Vebu, another restaurant ...
New York Post
8d
Here’s how long food delivery should take — and how quickly our patience runs out
It takes less than 30 minutes for the average American to get frustrated when waiting for their
food
to arrive after ...
2d
Founder Of Chinese Food-Delivery Giant Meituan Prepares New Recipe For Growth
Meituan chairman and CEO Wang Xing’s wealth jumped 47% to $14.6 billion on the back of rising shares of the Hong Kong-listed ...
India Today on MSN
14h
Zomato, Swiggy accused of unfair practices in food delivery market: Report
An investigation has revealed that leading food delivery platforms Zomato and Swiggy have violated competition laws in India, ...
WHTM Harrisburg on MSN
4d
Harrisburg restaurant owner gets his money from food delivery apps with some help
A Harrisburg restaurant owner is thanking us for finally getting paid for a lot of food he cooked. Assad Brunner of Sad’s ...
23h
Swiggy IPO: Who are Swiggy’s competitors in food delivery, out-of-home dining and quick commerce?
Swiggy competes in food delivery, out-of-home consumption, and quick commerce segments, facing rivals like Zomato and Blinkit ...
1d
Suniel Shetty Invests In Food Delivery App With Zero Commission For Hotels, Customers
WAAYU, a new zero-commission food delivery app, has launched in Hyderabad and Secunderabad, aiming to disrupt traditional ...
3d
on MSN
Food deliveries are getting more expensive — but we can't stop ordering
Food delivery costs rise but demand remains high as Americans prioritize convenience and time-saving over price.
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