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CMA to investigate Amazon buying a stake in Deliveroo
A WIDELY expected investigation of Amazon’s attempt to buy a significant stake in Deliveroo was launched by Britain’s competition watchdog yesterday.
The Competition and Markets Authority (CMA) announced that it has began an inquiry into the transnational online retailer’s £450 million offer to the food-delivery company.
The CMA said that Amazon and Deliveroo had failed to address its concerns that the investment could be bad for market competition and have a negative effect on customers, restaurants and grocers.
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