Amazon has received the green light from the British competition authority CMA to take an interest in the delivery service Deliveroo. According to the CMA, the 16 percent stake that the online store giant takes in Deliveroo does not result in a "significant reduction in competition". The competition authority reports this on Tuesday.
With this, the participation of web giant Amazon in the delivery service has become final.
The CMA's investigation lasted more than a year and the permission comes as no surprise. In June, the CMA already gave the companies preliminary permission. The competition watchdog warns that if Amazon wants to take a greater interest, a new investigation may be needed.
When Amazon and Deliveroo announced the investment last year, hardly any financial details were disclosed. The companies only reported that Amazon was the largest lender in the final investment round of $ 575 million, or a mere 515 million euros.
Deliveroo said it will use the money for, among other things, the international expansion and improvement of its services.
The meal delivery company is also active on the Dutch market, where it competes with Thuisbezorgd.nl and Uber Eats, among others.