The U.K. competition watchdog on Friday launched an investigation into Amazon’s purchase of a big stake in food delivery service Deliveroo, a move that suggests authorities are taking a harder line on the expansion of Big Tech. The investigation will put on hold any plans to merge its operations with Deliveroo, whose delivery bikes and scooters are ubiquitous in many major cities. The investigation comes as the regulator is taking a more activist role in seeking to protect consumers in an evolving marketplace. Read More...
U.K. regulator launches investigation into Amazon’s purchase of food delivery service Deliveroo
The U.K. competition watchdog on Friday launched an investigation into Amazon’s purchase of a big stake in food delivery service Deliveroo, a move that suggests authorities are taking a harder line on the expansion of Big Tech. The investigation will put on hold any plans to merge its operations with Deliveroo, whose delivery bikes and scooters are ubiquitous in many major cities. The investigation comes as the regulator is taking a more activist role in seeking to protect consumers in an evolving marketplace.
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