2020
DOI: 10.4337/clj.2020.04.06
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Loss of potential competition through a minority stake? Takeaways from Amazon/Deliveroo

Abstract: On 4 August 2020, after a Phase 2 investigation, the Competition and Markets Authority cleared Amazon's proposed minority investment in Deliveroo. The CMA's original concern had been that the investment could damage competition by discouraging Amazon from re-entering restaurant food delivery in the UK and altering its competitive incentives in respect of online delivery of ‘convenience’ groceries. However, the CMA concluded that whilst it was likely that, absent the transaction, Amazon would have re-entered, i… Show more

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