Hong Kong Probes Food Delivery Giants For Price Hikes

Hong Kong’s competition authority has launched a probe into suspected anti-competitive conduct from Deliveroo and Foodpanda. The food delivery giants have confirmed they are complying with the investigation.

In a statement to HKFP on Friday, January 28, Deliveroo stated that the food delivery business was a “highly competitive market” and that it was being “transparent and responsive” in its communication with the Competition Commission.

“We aim to provide our consumers with the best selection of food at great value through an excellent delivery experience. We also aim to support our merchant partners’ growth by enabling them to reach new consumers through online delivery and provide bespoke tools and services to support their businesses,” Deliveroo wrote.

“In respecting the ongoing discussion process, we have no additional comments to share at the moment. However, we will proactively assist and cooperate with the relevant authorities on their information gathering to the best of our ability.”

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