A number of food retailers and other rivals have criticised the Competition and Markets Authority’s provisional clearance of Amazon’s proposed investment in Deliveroo.
The CMA has twice provisionally cleared the proposed investment into Deliveroo by Amazon. First in April, on the basis that the forced closure of many high street restaurants, due to the coronavirus, had left the food delivery app on the brink of failing.
The watchdog found in favour of the tie-up again in late June when it argued that the proposed 16% stake the etail giant was after wasn’t large enough to lessen competition in the market.
However, a number of food retailers and other stakeholders in the sector, have repeatedly provided evidence to the CMA against the merger.
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