The invest­ment will help create jobs, allow restau­rants to grow their busine­sses and will improv­e choice for consum­ersBritain’s competition regulator on Friday took action to pause Amazon’s investment in online food delivery group Deliveroo by serving an initial enforcement order on the two companies. The Competition and Markets Authority’s initial enforcement order is used when the watchdog has a concern about a transaction. It prevents businesses from pressing ahead with a tie-up, while the regulator decides if it needs to launch a formal investigation. “There are a number of major companies within the restaurant food delivery sector and this investment will enable Deliveroo to expand, innovate and, we believe, will enhance competition,” a spokesman said. The watchdog’s enforcement order does not prevent parties from continuing to talk to each other, but typically does prevent them from transferring key staff or the transfer of commercially sensitive information.

Source: The Express Tribune July 05, 2019 07:30 UTC