CCI to probe into anti-trust allegations against WhatsApp Pay: Report
The Competition Commission of India (CCI) is looking into anti-trust allegations against Facebook’s WhatsApp.
The antitrust watchdog is looking into a complaint that the social media giant is abusing its dominant position by offering WhatsApp Pay, a payment service integrated with its messaging platform, Reuters reported.
According to the complaint filed in mid-March, the company is abusing its market position and its vast user base in the country to penetrate India’s booming digital payments market.
Its payment service will be competing against services such as GooglePay, PayTM and PhonePe in India.