Amazon hit with $72,000 fine for handing in Deliveroo deal documents too late
in August, but on Monday the watchdog, the Competition and Markets Authority , announced that Amazon had submitted 189 documents after the initial deadline. This caused "unnecessary delays to the CMA's investigation," the regulator said, and Amazon had "no reasonable excuse" for the late submission.
The watchdog began its investigation in June 2019 after rival services, including Domino's Pizza, lobbied against the deal, arguing that other delivery businesses would not be able to compete. Both Amazon and DeliverooConsidered an upmarket rival to Uber Eats, Deliveroo delivers restaurant food, but it expanded its operations during the pandemic to include groceries.
at the time that its investment would bring new products to consumers, create more highly-skilled jobs, and help Deliveroo continue to "remain competitive in the restaurant food delivery space."Get a personalized selection of top stories daily based on your preferences. Sign up now.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Amazon fined by UK regulator over tardy documents release in Deliveroo probeBritain's competition regulator on Monday fined Amazon 55,000 pounds ($72,364) after the U.S. online giant delayed an investigation into its purchase of a 16% stake in food platform Deliveroo by failing to provide documents on time.
Weiterlesen »
Amazon deleted 20,000 product ratings after an investigation highlighted paid-for reviews - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
These tech sales jobs fetch six-figures at Amazon, Google, Microsoft - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Top news this week: Trump legal trouble, Amazon pay, nanny economy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Why buying real estate may be a bad deal for you amid the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
US-UK trade deal could reignite global trade ties, whether Trump wins or loses - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »