Both firms say the CMA's probe into Amazon's minority stake in Deliveroo fails to provide evidence of existing competition between them.
Both firms argue the CMA's probe into Amazon's minority stake in Deliveroo fails to provide evidence of existing competition between them.
It comes after the CMA announced a surprise review of Takeaway.com's $8.1 billion takeover of Just Eat, throwing the deal into doubt. The pair claimed that the Phase 1 investigation by the Competition and Markets Authority into Amazon's stake in the U.K. start-up failed to provide evidence of existing competition between the firms.. Its stake, thought to be worth roughly $500 million, has since been frozen by the regulator as it conducts an investigation into alleged competition concerns raised by the deal.
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