Amazon and Deliveroo deal considered for formal investigation

Source: ft, Friday, Jul 5, 2019

The UK’s competition authority is to examine Amazon’s investment into food delivery company Deliveroo. The Competition and Markets Authority had served an initial enforcement order in relation to Amazon’s minority shareholding in the UK start-up.

An initial enforcement order requires companies to remain independent while the regulator decides whether to launch a formal investigation. The groups must not operate as a merged entity, and the order prevents the transfer of key staff or commercially sensitive information.