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

Economic TimesEconomic Times Ā· 1m
Retail group seeks antitrust probe of quick commerce companies Swiggy, Blinkit, Zepto

India's leading group of retail distributors, the All India Consumer Products Distributors Federation (AICPDF), has filed a request with the antitrust authority to investigate quick commerce companies Zomato's Blinkit, Swiggy, and Zepto. The federation alleges that these companies are engaged in predatory pricing, offering deep discounts to attract customers and undermining the traditional salespeople who have delivered orders for decades. Quick commerce platforms in India are expected to generate over $6 billion in sales this year, with Zomato's Blinkit holding nearly 40% of the market share. The Competition Commission of India (CCI) has the authority to initiate investigations if they find merit in the complaints.

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