Still awaiting final decision from CCI: Zomato, Swiggy on antitrust allegations for food delivery biz

Quick Summary:

The CCI investigation was initiated after the National Restaurant Association of India had complained back in 2021 on unfair practices by food delivery firms Swiggy and Zomato.

Shares of Zomato opened 1.44% higher today, trading at Rs 252 apiece during mid-day.

“Swiggy is yet to receive the confidential details of the findings from the CCI for filing a response to the Director General's finding,” the company said in a press note.

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Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets: India

Topics: Privacy Food India Swiggy Report Investigation Competition Practices Delivery Zomato Findings

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 07:03:29 (5 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 413 words

Reading Time: 3 minutes read

Sentences: 21 lines

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News ID: 23510179

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