It was a judgement that should have been reached a long time ago, but one that, given its timing, could carry far greater significance for retail.
Many, me included, felt that Amazon’s attempt to purchase a minority stake in online food delivery platform Deliveroo should have been given the green light by competition authorities months ago, without too much fuss.
Instead, the Competition and Markets Authority (CMA) decided last December to launch a more detailed phase two investigation into the deal, after finding “serious competition concerns for UK customers”.
Now, in the wake of the “wholly unprecedented circumstances” created by coronavirus, the watchdog has turned its back on such fears, for the good of the Deliveroo business and of competition.
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