Keeta to Revise Exclusivity Clauses Amid Hong Kong Antitrust Concerns
A food delivery company supported by the Chinese e-commerce giant Meituan has decided to take action to eliminate exclusivity clauses that were labeled as anti-competitive by Hong Kong’s antitrust authority. In response to concerns raised by the Competition Commission, Keeta—Hong Kong’s second remaining delivery app—has agreed to modify its contracts with partner restaurants, according to a statement released on Wednesday. The watchdog emphasized that Keeta will "voluntarily" revise anti-competitive terms in its agreements. These terms currently require restaurants to pay lower commission rates if they agree to work exclusively with Meituan's Hong Kong food delivery arm. Additionally, Keeta will adjust provisions that restrict or penalize partnered restaurants for switching to exclusive partnerships with other food delivery platforms. The company will also modify terms that prevent partnered restaurants from offering lower menu prices to consumers through their own di...