The Competition Commission of India (CCI) is unlikely to open an investigation of its own accord into allegations of anti-competitive practices by quick commerce companies including Zepto, Instamart and Blinkit, according to two persons privy to the development.
Earlier, the All-India Consumer Products Distributors Federation (AICPDF) had approached the department for promotion of industry and internal trade (DPIIT) raising concerns about quick commerce firms, which was referred to CCI. The trade body also separately approached the CCI, expressing concerns and alleging preferential treatment and listing of certain sellers on these platforms and alleged deep discounting practices, Mint had reported on 25 October.
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The Competition Commission of India (CCI) is unlikely to open an investigation of its own accord into allegations of anti-competitive practices by quick commerce companies including Zepto, Instamart and Blinkit, according to two persons privy to the development.
Earlier, the All-India Consumer Products Distributors Federation (AICPDF) had approached the department for promotion of industry and internal trade (DPIIT) raising concerns about quick commerce firms, which was referred to CCI. The trade body also separately approached the CCI, expressing concerns and alleging preferential treatment and listing of certain sellers on these platforms and alleged deep discounting practices, Mint had reported on 25 October.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.