Brazilian Delivery Giant Files Antitrust Complaint Against Chinese Rival Meituan

The Brazilian subsidiary of Prosus NV has lodged a formal complaint accusing Meituan of using predatory pricing to eliminate competition in South America.

31 Aug, 12:35 — 31 Aug, 12:35

Post Share

Sources

Showing 1 of 1 sources

bloombergHigh12h ago

Brazil’s Top Delivery App Files Complaint Against Chinese Rival

The Brazilian unit of Prosus NV filed a complaint against China’s Meituan with the South American nation’s antitrust regulator, accusing its rival of using artificially low prices to squash competition.

By Rachel Gamarski and Carolina Pulice

Read full article →

Brazilian Delivery Giant Files Antitrust Complaint Against Chinese Rival Meituan

Sources

Brazil’s Top Delivery App Files Complaint Against Chinese Rival

Related Stories

Anthropic Secures $35 Billion Cloud Computing Agreement With Lambda

Apple CEO Tim Cook Steps Down, Sends Farewell Memo to Employees

Hyundai Motor Workers Approve New Wage Agreement

OPay Denies Viral Rumors of Imminent Service Shutdown in Nigeria