Amazon hit with $72,000 fine for handing in Deliveroo deal documents too late - Business Insider

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Amazon hit with $72,000 fine for handing in Deliveroo deal documents too late

in August, but on Monday the watchdog, the Competition and Markets Authority , announced that Amazon had submitted 189 documents after the initial deadline. This caused "unnecessary delays to the CMA's investigation," the regulator said, and Amazon had "no reasonable excuse" for the late submission.

The watchdog began its investigation in June 2019 after rival services, including Domino's Pizza, lobbied against the deal, arguing that other delivery businesses would not be able to compete. Both Amazon and DeliverooConsidered an upmarket rival to Uber Eats, Deliveroo delivers restaurant food, but it expanded its operations during the pandemic to include groceries.

at the time that its investment would bring new products to consumers, create more highly-skilled jobs, and help Deliveroo continue to "remain competitive in the restaurant food delivery space."Get a personalized selection of top stories daily based on your preferences. Sign up now.

 

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That's like a penny to them. Probably less.

wow that's gonna really hurt Amazon....

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