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UK Regulator To Further Probe Amazon-Deliveroo Deal

Published on Dec 27 2019 5:00 PM in Technology tagged: Amazon / Deliveroo / World News

UK Regulator To Further Probe Amazon-Deliveroo Deal

Britain's competition watchdog said on Friday it would undertake an in-depth investigation into Amazon.com Inc's purchase of a stake in online food delivery group Deliveroo, weeks after expressing concerns over the deal.

The Competition and Markets Authority said it had moved the probe to Phase 2 as both Amazon and Deliveroo had not cleared the doubts it had raised earlier this month before its Dec. 18 deadline.

'The CMA has referred the anticipated acquisition by Amazon of a minority shareholding and certain rights in Deliveroo for an in-depth investigation,' the Authority said in a statement.

News by Reuters, edited by ESM. Click subscribe to sign up to ESM: European Supermarket Magazine.

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