EU Fines Delivery Hero, Glovo $373 Million in Cartel Pro
The European Commission fined food delivery companies Delivery Hero and Glovo 329 million euros ($373.4 million) over what it said were cartel practices before Delivery Hero acquired a controlling stake in its Spanish competitor in 2022.
The European Union antitrust regulator said on Monday that it fined the companies after it found they had agreed not to steal each other's staff, shared commercially sensitive information with each other and carved up geographic markets between themselves within the EU for four years. Delivery Hero held...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.