The Competition and Markets Authority (CMA) has imposed £55,000 in penalties on Amazon for its failure of providing relevant documents related to its investment in Deliveroo.
The CMA last month cleared Amazon’s 16 per cent investment in the online food delivery company following its phase two in-depth investigation.
The regulator said Amazon’s delay in providing complete responses to two sets of statutory information requests has been without reasonable excuse. With some documents being provided almost two months late within the course of a six-month investigation, it caused unnecessary delays to the inquiry, the CMA noted.
“This had a significant adverse impact on the conduct of the Inquiry, requiring the CMA to expend significant time and public resources in verifying the completeness of Amazon’s responses. While the CMA considers that Amazon ultimately provided complete responses to the notices, Amazon’s behavior risked the CMA taking decisions on the basis of incomplete evidence,” the agency said in its penalty notice.
The CMA imposed two separate penalties of £25,000 and £30,000 on Amazon for the failure to comply with information requests in December 2019 and January and March this year.