Next Story
Newszop

CCI Seeks Additional Details In Antitrust Review Of Zepto, Blinkit & Instamart: Report

Send Push

The Competition Commission of India (CCI) has reportedly sought additional information from a petitioner alleging anti-competitive practices by quick commerce players Zepto, Blinkit and Swiggy Instamart during its ongoing review of a plea.

An NDTV Profit report, citing people close to the matter, said that the CCI has asked the petitioner to provide further inputs on claims relating to market dominance, pricing strategies and operational practices of the three companies.

The petition was filed in March by the FMCG distributors’ body. The matter had originated when the members of All India Consumer Products Distributors Federation alleged that Zepto, Blinkit and Instamart engaged in practices that could restrict competition in the quick commerce segment.

While the CCI has not yet ordered a formal investigation, sources told NDTV Profit, the commission will consider an application to inspect company records after reviewing the fresh submissions from the petitioner. The proceedings are still in the initial review phase, during which the commission is gathering evidence to determine if a full probe is warranted.

(The story will be updated soon)

The post CCI Seeks Additional Details In Antitrust Review Of Zepto, Blinkit & Instamart: Report appeared first on Inc42 Media.

Loving Newspoint? Download the app now