Indian retail group seeks antitrust probe of quick commerce companies Swiggy, Blinkit, Zepto

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 18 min. at publisher
  • 📊 Quality Score:
  • News: 66%
  • Publisher: 72%

Amazon.Com Inc Nouvelles

Zomato Ltd,Nestle India Ltd,Hindustan Unilever Ltd

Quick commerce is a new shopping rage in the world's most populous country.

India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies — Zomato's Blinkit, Swiggy and Zepto — for alleged predatory pricing, a letter showed.

In a letter dated Oct. 18, All India Consumer Products Distributors Federation, which represents 400,000 retail distributors of major companies including, told the antitrust body quick commerce firms were practicing predatory pricing - or offering deep discounts and selling below cost to lure customers.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités