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.
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