Syndication has become a buzzword among consumers in Bangladesh, particularly in relation to the abnormal price hike of essential commodities over the past several years.
Besides the Tk10 lakh fine, the regulatory authority further restricted the food delivery platform by prohibiting it from stopping restaurants from getting into partnerships with other food delivery platforms
Foodpanda hit with 10L fine for abuse of monopoly power dhakatribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dhakatribune.com Daily Mail and Mail on Sunday newspapers.
The Bangladesh Competition Commission (BCC) has levied a Tk10 lakh fine on Foodpanda, an online food and grocery delivery platform, for violations of the Competition Act. This decision was made on Monday, following an investigation into allegations of unfair market practices.