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Zomato, Swiggy violated anti trust law
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
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,
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.
The Financial Express
20m
Will Swiggy IPO be a Hit or a Miss on listing day? A detailed analysis of Swiggy’s valuation
Swiggy's valuation is seen as a key positive when compared with currently listed entities in the fast food delivery segment.
23m
Swiggy’s listing tests demand for India’s quick commerce players
Historically, Indian IPOs exceeding $1 billion have averaged a 4.8% gain on their first day, data compiled by Bloomberg show.
4d
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 ...
12h
on MSN
FSSAI sets this 45-day expiry condition for Swiggy, Zomato, BigBasket and other e-commerce companies
India's food safety authority, FSSAI, has set new guidelines for online food platforms like Swiggy, Zomato, and BigBasket.
moneycontrol.com
1d
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 ...
14m
Macquarie initiates 'underperform' call on Swiggy ahead of its listing today
As per Macquarie, the company's QC is more complex, with no sustainable economic profits. Expects the group's EBIT breakeven ...
1d
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 ...
1d
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 ...
1d
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.
The New Indian Express on MSN
1d
Zomato, Swiggy say complying with CCI rules
MUMBAI: Amid a CCI investigation into anti-competitive practices,
Zomato
has emphasised its adherence to competition laws, ...
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