News Formal

Amazon's massive investment in food delivery startup Deliveroo hits a major roadblock as UK regulator decides it could harm competition

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The Competition and Markets Authority launched a preliminary investigation into the investment in June, and has now announced a more in-depth probe.

Amazon's investment in UK food delivery startup Deliveroo has hit a major snag after the UK competition regulator decided the deal could seriously harm competition in the space. Amazon led a $575 million investment into Deliveroo in May, triggering an initial competition probe and a demand from the UK regulator that the two companies remain separate while it investigated.

Amazon's investment in UK food delivery startup Deliveroo has hit a major snag after the UK competition regulator decided the deal could seriously harm competition in the space. Amazon led a $575 million investment into Deliveroo in May, triggering an initial competition probe and a demand from the UK regulator that the two companies remain separate while it investigated.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker