India’s Antitrust Commission (CCI) Probe Finds Zomato and Swiggy Violate Competition Laws
• An investigation by India’s antitrust body, CCI, found that food delivery giants Zomato and Swiggy violated competition laws.
• Zomato and Swiggy entered into “exclusivity contracts” with partners for lower commissions.
• Swiggy guaranteed business growth to certain players if they listed exclusively on its platform.
• The investigation began in 2022 after a complaint by the National Restaurant Association of India.
• Zomato and Swiggy have not commented on the findings.