EU Investigates Delivery Hero and Glovo for Possible Cartel Activities
Tuesday, 23 July 2024, 11:08
Introduction
The European Commission (EC) has announced an investigation into Delivery Hero and its subsidiary Glovo over allegations of cartel practices in the food delivery industry.
Details of the Investigation
The inquiry, which targets both companies, aims to uncover any anti-competitive agreements or behaviors that may harm market competition.
Significance of the Investigation
- Increased scrutiny of market practices across the EU.
- Potential implications for consumer rights in the food delivery sector.
- Efforts to maintain fair competition among dominant players.
Conclusion
This investigation highlights the EU's commitment to fostering a competitive market environment while protecting consumers from unfair practices in the rapidly evolving food delivery industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.