UK's competition watchdog investigates Amazon's bid to buy stake in food delivery firm Deliveroo
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But, on Friday, the regulator said Amazon had failed to deal with"initial concerns that their investment in Deliveroo could be bad for customers, restaurants and grocers".since it was announced in May. The CMA is worried that Amazon's plans to invest in Deliveroo could stop it from launching a rival company, which would increase competition and potentially lower prices for consumers.Announcing that it was considering a thorough probe into the deal, the CMA's executive director, Andrea Gomes da Silva, said:"Millions of people in the UK use online food platforms for takeaways, and more than ever are making use of similar services for the same-day delivery of groceries.
She said that if the deal were to go ahead in its current form then there was a"real risk" that customers, restaurants and grocers would face higher prices and lower quality services.
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