[ad_1] The CMA launched a second, more through investigation into the deal last December. Since then, the coronavirus pandemic has swept across the globe and made it impossible for many cafes and restaurants to operate. That, in turn, has affected companies like Deliveroo, which needs local businesses to drive customer orders and, by extension, revenue. […]
Category: deliveroo
UK regulator opens probe into Amazon’s Deliveroo stake
[ad_1] Amazon has failed to address our initial concerns that their investment in Deliveroo could be bad for customers, restaurants and grocers. The deal will now be referred for an in depth, Phase 2, investigation. Find out more: https://t.co/tvRHjmfPFm pic.twitter.com/JqJQVahx00 — Competition & Markets Authority (@CMAgovUK) December 27, 2019 After its own takeout and delivery […]
UK regulator forces Amazon to put its Deliveroo plans on ice
[ad_1] The UK watchdog, the Competition and Markets Authority (CMA), raised concerns this week that Amazon and Deliveroo had “ceased to be distinct” or that they could merge in the future. This would reduce customer choice in the market, which gives the CMA grounds to intervene in the business relationship. It issued an initial enforcement […]
After Math: Goodbye, Grumpy Cat, whoa oh oh
[ad_1] Terrible news, everyone! The internet's favorite maladjusted kitteh has gone to the Great Cat Tree in the sky after succumbing to a urinary tract infection earlier this week. She — yes, Grumpy Cat was a girl — will be missed. Likewise, Cray Superco… [ad_2] Source link
Amazon is backing Uber Eats rival Deliveroo in the UK
[ad_1] Amazon’s restaurant delivery service launched in the US in 2014 and eventually made its way to London in 2016. While it only lasted a couple of years in the UK, it’s clear that the company still believes there’s money to be made in the food delivery industry. According to British organization Sky News, Amazon […]