Deliveroo said it has been and will continue to 'work closely' with the authorityCompetition and Markets Authority has investigated £450 million bid since MayThe competition watchdog has launched an in-depth investigation into Amazon's £450million bid to buy a stake in Deliveroo. Due to the companies' sizes, the CMA launched an initial inquiry, then a phase one study. A spokeswoman for Deliveroo said: 'Deliveroo has been working closely with the CMA and will continue to do so. It faced tough competition from Deliveroo, as well as its other rivals in the UK, such as Just Eat and UberEats. Amazon's service, called Amazon Restaurants, still operates in several US cities.

Source: Daily Mail December 27, 2019 18:06 UTC