Deliveroo 'delighted' with CMA decision on Amazon deal

Dienstag, 04. August 2020 15:07

Deliveroo praised the United Kingdom Competition and Markets Authority's decision to clear Amazon's investment in the food delivery company.

"We are delighted that the CMA has concluded its 15 month investigation and that the Amazon minority investment can now go ahead," Deliveroo said in a statement. "This is fantastic news for UK customers and restaurants, and for the British economy. British born Deliveroo will use the investment to increase choice and value for customers, support for restaurants and will be able to offer more riders the flexible work they value as the company expands," the firm added.

Earlier, the CMA announced it approved the deal following an in-depth probe between the two companies, noting Amazon's 16% investment will "not substantially lessen competition in either market."

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