EU antitrust regulators probe Delivery Hero, Glovo

(ANSA) - ROME, JUL 23 - EU antitrust regulators on Tuesday said they have opened a formal probe to determine whether German online food takeaway Delivery Hero and its Spanish branch Glovo have breached EU competition rules by participating in a cartel in the sector of online ordering and delivery of food, grocery and other daily consumer goods.
    Delivery Hero and Glovo are two of the largest food delivery companies in Europe. From July 2018, Delivery Hero held a minority share in Glovo, and in July 2022 it acquired its sole control.
    The Commission on Tuesday expressed concern that, prior to the takeover, Delivery Hero and Glovo may have allocated geographic markets and shared commercially sensitive information.
    It also said it was worried that the companies may have agreed not to poach each other's employees - practices that could have been facilitated by Delivery Hero's minority share in Glovo.
    (ANSA).