CCI dismisses complaint against Naspers-owned PayU Payments, Wibmo

The Competition Commission of India has dismissed allegations of unfair business practices against PayU Payments and Wibmo. It was alleged that PayU has intentionally foreclosed the market for other competitors by denying them proper access to Wibmo in the downstream market and has substantially created entry barriers for new market players.

from Tech-Economic Times https://ift.tt/2UgdgEu