UK competition authorities may probe Takeaway’s Just Eat deal. As with its Amazon-Deliveroo inquiry, the regulator’s logic borders on paranoia. But that’s better than the naivety it showed with Facebook’s 2012 Instagram purchase, says KarenKKwok:
Dutch food-delivery company Takeaway.com said on Jan. 24 that its 6.2 billion pound takeover of Britain’s Just Eat would be delayed by a week, as the UK competition regulator may look at the deal.
Britain's Competition and Markets Authority confirmed to Breakingviews on Jan. 23 that a probe into the merger may be warranted. The CMA said in a statement on Jan. 24 that it was seeking comment on the deal from interested parties by Feb. 6. The CMA launched an initial probe into Amazon’s purchase of a stake in UK online food-delivery company Deliveroo in June 2019, and escalated it to an in-depth investigation in December.
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