UK competition watchdog, the Competition and Markets Authority, is investigating Amazon’s lead investment in Deliveroo’s $575m series G round.

The Competitions and Markets Authority (CMA), the UK’s competition watchdog, on Friday issued an initial enforcement order telling e-commerce and internet group Amazon to halt its investment in UK-based online food ordering service Deliveroo. Amazon was set to lead a $575m series G round in Deliveroo, announced in May 2019. The round is set to…

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