The UK Competition Authority provisionally clears the acquisition of an online food delivery business by a global online shopping company to prevent it from potential bankruptcy due to the economic effects of the COVID-19 outbreak (Amazon / Deliveroo)

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References

UK Competition Authority, Amazon / Deliveroo, Press release, 17 April 2020

UK Competition Authority, Amazon / Deliveroo, Summary of provisional findings, 17 April 2020

CMA provisionally clears Amazon’s investment in Deliveroo* In light of a deterioration in Deliveroo’s financial position as a result of coronavirus (COVID-19), the CMA has provisionally cleared Amazon’s investment in Deliveroo. After completing an initial, Phase 1, investigation, the Competition and Markets Authority (CMA) was concerned that the deal could damage competition by discouraging Amazon from re-entering the online restaurant food market and further developing its presence within the online convenience grocery delivery

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