YET E-commerce News
Monday, 8 July 2019
UK's competition watchdog asks Amazon and Deliveroo to pause integration
an initial enforcement order in a bid to pause the
giant's stake purchase in the
online food delivery
Amazon bought a stake in Deliveroo in May, leading a $575 million fundraising to pit itself against Uber Eats in the global race to dominate the market for takeaway meals.
An initial enforcement order is put in place to prevent the businesses from integrating after a possible merger, while the watchdog decides if it needs to launch an investigation.
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