Zomato will “promptly comply” with any recommendations by the Competition Commission of India (CCI), the Gurugram-based company said, responding to queries by stock exchanges on media reports of food delivery platforms being found to be allegedly violating antitrust provisions.
“We will continue to work closely with the commission (CCI) to explain why all our practices are in compliance with the Competition Act and that they do not have any adverse effect on competition in India,” Zomato said in a regulatory filing late Sunday.
In a separate statement, Bengaluru-based Swiggy said it is yet to receive confidential details of the findings from the competition watchdog.
“Once Swiggy submits its response and CCI conducts a hearing on the matter, CCI will pass its decision on whether any competition law violations have occurred,” the company said. “Currently it’s at a preliminary stage and no final decision or order has been issued regarding Swiggy’s practices since 2022,” it said, adding that the company is “fully cooperating with the investigation and is committed to complying with the extant laws of the country”.
ET reported on November 8 that a CCI probe showed Zomato and Swiggy violated antitrust norms by forming “exclusive arrangements” with restaurant partners.
Both the firms were accused of forcing restaurant partners to maintain price parity and, in some cases, asking them not to offer lower prices on rival platforms.
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The investigation followed an April 2022 order by the CCI that prima facie saw antitrust violations, leading t
