NewsBot
18-Apr-20, 03:44
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
CMA Provisionally Clears Amazon's Investment In Deliveroo
In light of a deterioration in Deliveroo's financial position as a result of coronavirus (COVID-19), the CMA has provisionally cleared Amazon's investment in Deliveroo. After completing an initial, Phase 1, investigation, the Competition and Markets Authority (CMA) was concerned that the deal could damage competition by discouraging Amazon from re-entering the online restaurant food market and further developing its presence within the online convenience grocery delivery market in the UK. [Read Full Article (https://caithness-business.co.uk/article/10790)]
CMA Provisionally Clears Amazon's Investment In Deliveroo
In light of a deterioration in Deliveroo's financial position as a result of coronavirus (COVID-19), the CMA has provisionally cleared Amazon's investment in Deliveroo. After completing an initial, Phase 1, investigation, the Competition and Markets Authority (CMA) was concerned that the deal could damage competition by discouraging Amazon from re-entering the online restaurant food market and further developing its presence within the online convenience grocery delivery market in the UK. [Read Full Article (https://caithness-business.co.uk/article/10790)]