Retailers are ratcheting up the pressure on competition authorities to block Amazon’s investment in Deliveroo, just days before a final verdict on the deal is due.
A number of the UK’s grocers are understood to have voiced concerns to the Competition and Markets Authority (CMA) and have urged them to veto the move amid long-term competition concerns.
Businesses have questioned how the CMA came to its conclusion that Deliveroo would go bust if it did not secure additional funding and challenged the regulator’s view that only Amazon would be in a position to offer such a cash injection.
Some grocers are also concerned about the influence Amazon would have on Deliveroo if the deal went through. Under the terms of the proposed investment, Amazon would take a seat on the Deliveroo board.
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