Overview
- The Competition Commission of India requested further information from the All India Consumer Products Distributors Federation on pricing strategies, market dominance and operational practices of Blinkit, Instamart and Zepto.
- The move follows a March petition accusing the three quick-commerce platforms of using deep discounts and irregular tactics to restrict competition in India’s fast-delivery sector.
- Sources say the CCI will re-list inspection applications for the companies once it evaluates the newly submitted materials from the petitioner.
- No formal investigation order has been issued as the commission remains in the initial review phase gathering evidence to determine if a full probe under the Competition Act, 2002 is warranted.
- Blinkit is owned by Eternal Ltd, Instamart is operated by Swiggy Ltd and Zepto remains independent while seeking funding at a multi-billion-dollar valuation.