Deliveroo’s funding from Amazon has been paused.
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The UK competitors watchdog regulator hit pause on Amazon’s funding in Deliveroo on Friday, after elevating considerations that the businesses “have ceased to be distinct” via an preliminary enforcement order.
Principally, it is nervous that the businesses might merge, which would cut back shopper alternative and break competitors guidelines, the Guardian famous.
“Deliveroo and Amazon have been working carefully with regulators to acquire regulatory approvals,” a Deliveroo spokesperson stated in an emailed assertion.
“There are a variety of main firms throughout the restaurant meals supply sector and this funding will allow Deliveroo to develop, innovate and, we consider, will improve competitors. This funding will assist create jobs, assist eating places to develop their companies and can enhance alternative for shoppers.”
Amazon did not instantly reply to a request for remark.
