Amazon-Deliveroo merger could harm convenience store deliveries

14 Décembre, 2019, 01:04 | Auteur: Auguste Feret
  • Amazon's Deliveroo investment may face a deeper probe

Deliveroo is a UK-based online food delivery company that was founded back in 2013.

"Deliveroo is a British company operating right across the country and this investment will be particularly beneficial to the United Kingdom economy".

The Competition and Markets Authority (CMA), which has the power to block deals if it believes consumers will have less choice, says the tie-up raises "serious concerns".

The CMA said that wile there are some differences in the services that Amazon and Deliveroo offer to customers, the CMA found that competition between them could increase in future as the market develops.

It warned that the deal could damage competition in online restaurant food delivery by discouraging Amazon from re-entering the food delivery market in the United Kingdom - and that it could also could also hit competition in the emerging market for online convenience grocery delivery.

The deal sent shockwaves through the food delivery sector as investors anticipated the USA technology giant would use its financial muscle to take business from rivals such as UberEats and Just Eat.

Cardinals release veteran LB Terrell Suggs, who will go on waivers
In a surprising late season roster move, the Arizona Cardinals have released seven-time Pro Bowler Terrell Suggs . He started all 13 games for Arizona this season and recorded 5.5 sacks, four forced fumbles, and 37 tackles.

Ronaldinho: I Can't Call Messi The Greatest
Crespo, who is here as the event ambassador of the Tata Steel Kolkata 25K, said it would be nice to see the 32-year-old Messi win the 2022 World Cup in Qatar.

US, Taliban peace talks interrupted again after the 'Bagram' attack
Therefore, Khalilzad said, " We're taking a brief pause for them to consult their leadership on this essential topic". Taliban spokesman Suhail Shaheen said Friday's meeting was "very good and friendly".

Deliveroo has been working with the Competition and Markets Authority to convince regulators Amazon's investment will inject competition into the sector and create more business for restaurants and work opportunities, but the authority said Wednesday the deal could discourage Amazon from restarting its own delivery service and damage competition with UberEats and Just Eat PLC, the other two players in the sector.

Amazon led a $ 575 million fundraiser at Deliveroo in May, doing what the two sides called "a minority investment" and facing Uber Eats, Just Eat and in the global race to dominate the delivery market of takeaway food. "This is because the significant competition which could otherwise exist between Amazon and Deliveroo would be reduced". Additionally, the CMA is also concerned that the deal could damage competition in emerging markets for online convenience grocery delivery.

Regulators likely are looking for assurances from Amazon that it won't try to buy Deliveroo outright for five years.

Responding to the CMA, Deliveroo and Amazon both defended the deal. "Currently, there are only a small number of companies that act as the middle-man between restaurants and customers, and Amazon offered this service in competition with Deliveroo until 2018, when it exited the market", the CMA notes.

The competition watchdog also raised concerns that a tie-up between Amazon and Deliveroo would dampen competition in the ultra-fast grocery delivery market in the United Kingdom, in which there were now only a small number of suppliers.


  • Is China Trade Deal Done? Trump Comments on Twitter

    Is China Trade Deal Done? Trump Comments on Twitter

    Trump, in his tweet , also mentioned energy and manufactured goods, "plus much more", without offering further details. In exchange, he said, the US would reduce the tariff rates on many Chinese imports, which now range from 15% to 25%.

    Californie: des milliers d'étranges poissons échouent sur une plage

    Selon les experts de la faune locale, cette présence s'explique par les fortes tempêtes qui s'abattent sur la région. Interrogé par Motherboard , David Ford, un habitant de la côte, a été stupéfait par le spectacle.
    Jenkins tweets 'best news ever' after release

    Jenkins tweets 'best news ever' after release

    Giants head coach Pat Shurmur confirmed Friday that Jenkins refusal to sincerely apologize was the reason for his release. Shortly after the release, Shurmur indicated that the cornerback's lack of contrition led to the decision to move on.
  • How you can protect your privacy from home camera hackers

    How you can protect your privacy from home camera hackers

    The hackers even managed to gain control of her Ring doorbell to make it appear that they were outside her home. Ring says hackers "often re-use credentials stolen or leaked from one service on other services".
    Someone Ate the $120,000 Duct-Taped Banana

    Someone Ate the $120,000 Duct-Taped Banana

    CryptoGraffiti , an artist who produces all sorts of artwork related to cryptocurrency, saw the development unfold and was inclined to make his own iteration.
    Rohit becomes LaLiga's India brand ambassador

    Rohit becomes LaLiga's India brand ambassador

    It takes time for any sport to develop in a country. "Everybody wants to pick up the bat and play cricket in India", added Rohit. There is no hiding to the fact that 2019 has been a remarkable year for the Indian vice-captain Rohit Sharma .
  • Wild storm washes strange-looking sea creatures onto beach

    Wild storm washes strange-looking sea creatures onto beach

    The toothless worm uses its spatula-shaped limb for feeding and swimming in its seaside habitat, Parr explained . Although the worms are technically neither penises nor fish, they are widely referred to as a "penis fish".
    Avec qui sort Brad Pitt ? Voici la réponse !

    Avec qui sort Brad Pitt ? Voici la réponse !

    Après ces explications, l'acteur veut mettre les choses au clair: " Ce n'est pas une insulte pour Wolfgang Petersen . Et de poursuivre: "Le fait de travailler avec David Fincher m'a rendu plus exigeant".

    New Vietnam circuit layout after extra corner added

    It was inspired by Hanoi's Imperial Citadel of Thang Long, which was set to be ready at the end of the year. It takes its inspiration from other notable tracks such as Suzuka and Nurburgring .
  • 'Devastated': Jo Swinson apologises to Lib Dems for election failure

    'Devastated': Jo Swinson apologises to Lib Dems for election failure

    I still believe that we as a country can be warm and generous inclusive and open and that by working together with our nearest neighbours we can achieve so much more.
    MLB, union agree to opioid testing; marijuana removed as 'drug of abuse'

    MLB, union agree to opioid testing; marijuana removed as 'drug of abuse'

    Under the changes, Major League Baseball will test for opioids, Fentanyl, cocaine, and synthetic Tetrahydrocannabinol (THC). Halem said the big league and minor league programs will treat marijuana use the same way going forward.
    Caroline Flack charged with assault following private domestic incident

    Caroline Flack charged with assault following private domestic incident

    TV presenter Caroline Flack - who hosts ITV's Love Island - has been charged with assault after reports of a man being attacked. She celebrated her 40th birthday recently, and has been seeing tennis player and model Lewis Burton, 27, since the summer.


Colorado State hires ex-Boston College coach Steve Addazio as head coach
He has focused on creating cultures where his disciples thrive in the field and in the classroom. And before that, he was an assistant coach on Florida teams that won national championships.

European Central Bank head promotes structural, fiscal policies in growth
It was the bank's first policy meeting under newly appointed Ms. The policy review will "turn each and every stone", she said.

Cyberpunk 2077 - Behind the Music of Night City
Cyberpunk 2077 will be released on April 16th for PC, Xbox One and Playstation 4, with a Google Stadia version slated for 2020. It goes without saying that you can't have a good cyberpunk experience without some good cyberpunk music backing it up.

Child Prodigy Laurent Simons Drops Out of University
Eindhoven maintained its position not to let Laurent finish his studies by December 26 in a statement. Nevertheless, TUE said the door is still open for him to resume his studies at the institution.

Gunman (16) killed and hung from traffic light
Hashd al-Sha'abi sources have said the USA was allowing Daesh to roam freely under its watch in Iraq's western Anbar province. On Thursday, witnesses said, he climbed up onto the roof of his house and began shooting in the air with a pistol.

U.K. General Election: Voters and Their Dogs Head to the Polls
At the time of writing, we're mere hours away from having the ability to vote in the third General Election in 4 years . Pencils shall be offered as ink from pens can smudge on the paper and runs the danger of spoiling the poll.

Tesla German Gigafactory to Spill Half a Million New Cars per Year
Interestingly, a picture posted on Twitter by Elon Musk's mother may have revealed his first vehicle . Ironically, that's me replacing broken side window glass. "The circle is complete lol".

Fishermen Save Bald Eagle Caught in the Grip of a Giant Octopus
However, they remain protected under the Bald and Golden Eagle Protection Act, the Migratory Bird Treaty Act and the Lacey Act. The farmers reportedly made a decision to intervene when it became clear that the bird was going to drown if they didn't help.

Man United's Rashford on Ronaldo comparison: It's a compliment
Asked if he had seen anyone as good at the same age as Greenwood, who only turned 18 in October, Solskjaer said: "I've seen a few good ones, yeah".

MTG MMO Magic: Legends Announced
Perfect World and its subsidiary Cryptic Studios-known for Neverwinter , Star Trek Online , and City of Heroes-are developing a Magic: The Gathering MMO.