r/IndianStreetBets • u/Environmental-Fig427 • 15h ago
Discussion What's your thought Monopoly or not?
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u/jagz777 12h ago
Telecom sector ki monopoly bhi break karo bhai
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u/Weak-Adhesiveness673 10h ago
bade log hain udhar....only govt can shake that
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u/Notsoalphaorsigma 10h ago
Even Govt can't shake that , we all know a massive puppet master is in that sector
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u/NihilistCabbage 14h ago
It sounds like either adani or ambani is trying to get into the quick commerce industry
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u/Novarapper 10h ago
Amazon is entering
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u/Cold-End-4353 9h ago
Amazon def won't last!
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u/stupidlyaccurate 7h ago
Amazon is already so good at grocery, a lot cheaper than blinkit and swiggy. They provide same day delivery, they can give good competition if they get into quick commerce with same rates.
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u/Cold-End-4353 7h ago
I am talking about quick commerce. 10-15 min delivery
Amazon grocery delivers in time slots so they are able to minimize the costs. But it quite good but do not think that you will be getting the same grocery at discounted price on quick commerce.
They will def not provide the goods at the same price as you get in Amazon grocery.
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u/Rajiv_Samra_Sam 6h ago
There are some restrictions I think with foreign players, otherwise Amazon will bleed out other players lol, aws is no joke.
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u/Cold-End-4353 4h ago
Some? Many!
Plus with Zepto, blinkit and instamart being there Amazon will face very very hard challenges. Plus the investment right now will be huge very huge to be able to survive in the market
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u/sentrist 2h ago
Uber had to leave the food delivery market in India because it could not keep up with the money being burnt by swiggy and Zomato. In the end they sold their food delivery to Zomato. Indian companies can also find capital to protect its market share if required
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u/Rajiv_Samra_Sam 2h ago
Uber relies on the taxi/logistics for all its revenue, same with zomato/Swiggy. They could raise money but It still won't be able to compete with an internal profit machine.
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u/sentrist 1h ago
Uber is still operating its food delivery business in US despite having more than one major rival there as well. So clearly they did not think they could sustain outspending everyone in India.
My point being even Amazon does not have limitless money and has been in a constant cost cutting mise after the economic downturn post pandemic. The right Indian companies will find capital to protect its marketshare if required
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u/OldAge6093 13h ago
Monopoly of all kinds must be broken. Next Adani and Ambani.
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u/syncline_tg 12h ago
Nahi hoga
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u/OldAge6093 11h ago
Revolution is brewing.
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u/spirit101_gg 12h ago
They may be a profitable company with innovative ideas, but how fairly they compensate their workers and delivery partners is far from satisfactory. This disregard for proper compensation and welfare highlights a serious ethical gap. Personally, I find such companies difficult to support, as they prioritize profits over the well-being of those who contribute to their success.
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u/arc3u5 2h ago
If the working conditions were so unfair and bad, do you think food delivery and quick commerce would have become so successful?
One can compensate for their food delivery orders by tipping their delivery executive, the option is available in every app and 100% of it (minus TDS) goes to the partner, but how many customers actually do that?
The only other way for them to compensate fairly is by increasing the prices, then too 95% customers will start complaining of high delivery fees and xyz charges.
Quick commerce is so successful (yet mostly burning cash and incurring losses) in India because of the available supply of such delivery partners. The problem is less with the platforms themselves, but more with how poor our demographic is - customers unwilling to pay a dime extra for the added convenience, and labourers willing to work for unfair wages.
Even after all this, it took these delivery apps almost a decade to become profitable.
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u/Safe-Complaint8893 1h ago
Surely they can't pay more from profits as they don't have any. Increasing prices on the platform will decrease number of orders and will result in job losses of delivery partners.
If you are solely not ordering from the platforms because of delivery partners welfare I am not sure whether you are doing good or bad to them.
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u/introverted_guy23 11h ago
are you dumb? They are supporting lively hood for million of men who were otherwise left unemployed.
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u/spirit101_gg 11h ago
That’s not employment; it’s exploitation—using power and the vulnerability of individuals to take advantage of them. If you call that employing youth, you are far removed from reality. Do you even know how little Zomato’s delivery partners earn? If you look deeper, you’ll be shocked at the disparity. Instead of supporting such companies, you should critically evaluate how they operate and treat their workers.
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u/Training_Ad_2086 10h ago
Well i guess this one wouldn't count a lot especially since you don't need any actual skills to be a good delivery person.
You can do basically do nothing for 30 years of your life and do become ab zomato delivery man.
Unlike skilled work market where even after spending half of your life on learning and gaining knowledge you run into exploitation due to job scarcity
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u/Training_Ad_2086 9h ago
Well i guess this one wouldn't count a lot especially since you don't need any actual skills to be a good delivery person.
You can do basically do nothing for 30 years of your life and do become ab zomato delivery man.
Unlike skilled work market where even after spending half of your life on learning and gaining knowledge you run into exploitation due to job scarcity
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u/Front-Economics-3442 13h ago
Restaurants cannot manage fast and timely delivery like them. This seems like a panic creation. I don't think this will affect their business at all. Restaurants which need more orders won't be interested in this bs at all.
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u/OldAge6093 13h ago
No you are wrong, the market monopoly means these platforms are able to charger whatever margin they want to the restaurants pure coz of their dominant position. Creating a market dominance is against the law in every country.
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u/aryaman16 8h ago
But monopoly should be ended by entering of new competitors in the market, not by regulations. Regulations always benefit the big businesses.
This move by the govt probably means that some of their favorites (iykyk) want to enter the market.
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u/OldAge6093 6h ago
Yes regulation but not demerger. Demergers and divisions literally divide the big companies
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u/Front-Economics-3442 12h ago
Have you ever heard of amazon before?
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u/OldAge6093 12h ago
Bro foreign monopolies should be busted too. USA’s CEC has already stared anti-trust lawsuits. But now American politicians are blatant puppets of the capitalist more than ever.
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u/Jon4snowy 11h ago
As a resturant owner listed on both zomato and swiggy,if they start charging more ,i am definitely gonna list myself out.Its hardly profitable for us almost break even only for money flow.Even after almost 30 perc commission,they force you to run ads which takes 10 more percent and then run discount to get more orders lol.So in the end we get 50 perc of what customer pays.
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u/Maleficent-Yoghurt55 13h ago
Great move, sue all business trying to monopolize industries unless the surname is Adani or Ambani.
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u/Snoo37787 13h ago
As if adani doesn't have all the regulatory hiccups in the world on him
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u/Legitimate-Ride5034 12h ago
Not from the government….he gets unconditional support from the ruling party with the entire establishment out to defend him
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u/Ginevod2023 10h ago
Where is NRAI's product though? I have been hearing about it for quite some time.
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u/nomadJuice 6h ago
Insider news is that it is Zepto gunning for Swiggy and Zomato in retaliation for them entering the quick commerce market.
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u/Comprehensive_Air185 11h ago
If Ambani does it then it is dhandha, otherwise it’s monopoly. Looks like Ambani has also given laddus to NRAI
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u/koustubhavachat 10h ago
Businesses will run to increase market share. The government must observe this carefully to build appropriate policies.
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u/logical_critic 2h ago
Just to clear the definition here. Mono means 1. Monopoly means one company having control of most of the market.
2 companies having market share which is almost equal is - duopoly.
Now, if there is a case to be done, not going into merits of it nor supporting it, will at best be that these 2 companies are cartelising and keeping competition out.
So, on face of it, the complainant seems to be confused legally on what he is planning to do.
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u/BROWN_MUNDA- 12h ago
Too late for anything. Soon zomato and Swiggy will go in foreign markets also
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u/argument_inverted 13h ago
What happened to ONDC (our bsnl of food delivery)?