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Ab Bazar, German Food Delivery Company Delivery Hero and his Spanish subsidiary Glovo, 329 million euros ($ 376 million) after violating the antitrust rules of Spain.
EU regulators, delivery protagonist, distributing each other’s employees in national markets, and distributing them in national markets by exchanging sensitive information by exchanging the competition in the National Mazes, used the competition to restrict the competition.
In Germany, the Delivery Hero held 94% in Glovo in Glovo since July 2022, but the EU official was launched last year – the lap was directed before receiving the only control.
They provide food from the largest food delivery companies in Europe, restaurants, food shopping and other non-food products or when ordering them through websites.
The European Commission, which played the role of the EU competition duty, acknowledged that the two companies participated in the cartel and agreed to pay the fines to resolve the case.
“It reduces the option for consumers and business partners such cartels, reduces opportunities for employees and reduces incentives to compete and innovate,” he said.
According to the commission, the delivery protagonist will have to pay a fine worth 223 million euros, which must pay around 106 million euros.
“This work is important, because these experiments were facilitated in Glovo’s depths of the protagonist of the protagonist of the protagonist,” said Teresa Riberia, the head of the EU competition.
Two companies agreed not to cover all employees before extending all employees, including logistics professionals, including logistics professionals, including managers, not to steal their employees, first of all employees.
Their consent did not cover the delivery drivers that do not have employees, but not employees during violations.
The EU decision has found a cartel in the labor market of the commission and Ribera’s “Commission’s” commission competition for the best talent, and reducing opportunities for the best talent.
Cartel by WhatsApp
Two companies, via email, as well as expenses, such as via email, for example, the market of officials will receive a sensitive exchange of information on prices and expenses.
The commission, the protagonist of delivery and Glovo agreed to do not enter the countries where a company has already existed and still entering the markets with a presence.
As of July 2020, the two companies stopped compete with each other by participating in the same markets, to contribute to consumer choice and thus contributing to higher prices.
Delivery protagonist, this antitrest will reach a solution agreement with the commission, said he brought together a provision for a fine.
“Today’s settlement allows you to resolve the concerns of the European Commission, allowing stakeholders to pass quickly,” he said.
Delivery Hero serves more than 70 countries, including more than 16 EU, including the EU state, and Iceland, Liechtenstein and Norway (EEA).
Now the subsidiary of the delivery protagonist Glovo is in eight in more than 20 countries around the world, including EEA.
This story was first displayed Fortune.com
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